Yes you can raise money for deals and you put in the sweat equity in exchange for cash.

If you’re comfortable with the tenant risk and low cash flow in exchange for a solid property in good condition with long-term appreciation potential, then proceeding could make sense, maybe you you can negotiate some concessions?  

You can't compete against the all-inclusives unless you offer complimentary food and booze or you're cheap, as you seem to be confirming.This being said:1) Properties in Mexico/Cancun trade in USD so you have no foreign exchange risk in Mexico while properties in Colombia are traded in COP, the Colombian peso, which has been tanking over the years, eliminating any hope for capital gains for American investors.2) You can get a mortgage in Mexico but you can't in Colombia so even with lower revenue, Cancun would likely still be more profitable, even if you don't take capital gains into account.3) The political risk is much higher in Colombia, especially at this present time.Is Cartagena a bad investment?

I exchanged information with them and would stop by their projects for the next month to see their progress.

OrchardOrchard allows you to exchange the current equity in your home for the purchase of a new home, and then selling your old home after the purchase.

Starting my 1st 1031 exchange and contacted a local company that had posted on BP several times.

This is particularly useful if you find a lower-cost property that needs some updates to attract high-quality tenants.Reverse Exchanges and Parking Arrangements: If you spot a great investment opportunity before selling your current property, consider using a reverse exchange.

I’m currently selling an asset in another state and completing my first 1031 exchange.

Hoping To exchange some connection and also business together.

You can’t use 1031 exchange funds to pay off existing debt so a 1031 doesn’t really solve your problem.