My feeling is, if I wanted a house that backed to a park that is what I bought, and if other people wanted a house on a road, they should buy one and not destroy the neighborhood to put in yet another “luxury” cookie cutter house.I feel the same way about homes that are perfectly wonderful and function beautifully with separate rooms that have tons of character.

A 50x more beautiful single family in Montgomery AL would be priced 1/10 compared to a similar house in CA.

Which leads me to Phase Two of this deal. . .My wife is a beauty from Colombia.

Tulum has beautiful beaches, trendy restaurants and shops, and eco-friendly resorts that make it very popular.I'm wondering if anyone has insights into whether something like this could realistically be developed in Colombia?

We are going to speak to a financial advisor about this.The home is beautiful but outdated and needing a ton of work.

Would like to create something beautiful and eco friendly.

Both are beautiful States.

I did know of LEADS but not FARM and you explain it beautifully. 

Your home IS in a location that could make it a good STR/MTR given proximity to attractions and it's in beautiful shape so I don't think the operator is pulling the interest/opportunity out of their a**.Attorneys would probably argue with me, but if their LLC is going to rent it, I would still get the individual on the lease or at least a co-signor guarantor agreement so that you have the EIN and SSN for purposes of evictions and collections. 

I've been doing extremely well and the beauty is that I don't need rates to go down.