Our goal is to help tackle this crisis by rehabilitating one unit/block at a time.

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

I feel your pain. 

My greatest pain point is not that the deals failed, although that certainly adds salt to the wounds, it's the poor communication, false narratives, chasing (almost begging) for updates, lack of full disclosure, the smoke and mirrors, etc.

Pain in the you know what, but completely within the bounds.

After that, all rental losses are blocked and pushed into future years.

It is a pain in the butt to borrow money in Mexico, so I look at everything as a cash purchase.

I have taken over paying the utilities myself (autopay) to avoid the $10 bill pay fees and, once the tenant is caught up on utilities, this should also be less of a pain.

The problem with those is that you have to integrate your account via API with Twilio and you won't be able to scale your daily texting volume past 100-200 texts a day before your account starts getting blocked for sending too much and for not being compliant

just send a payment request and block the days or even better get them to pay via zelle and block the days.