Hi William, welcome to the community!

Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants?

In the short term, prices fluctuate like the winds:  Up one day, down the next. 

Yes BP is the right place.

Quote from @Natalia Perlova: Quote from @Marcus Auerbach: Agree with the last two posts.

Great to see your post and congratulations on getting your license.

That's when it clicked for me - that cap rates are more just a measure of risk.

Why not test the market by putting the lots up for sale, and if nobody bites, that might provide your answer. 

I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer.