I no longer invest in rental properties directly, I prefer spreading small amounts ($5K) in real estate syndications through an investment club, but we did a write-up on this company a little while back.

Personally, I would prefer to use the HELOC approach.

I prefer SFH.

That’s what I’m talking about.. having people on the ground who know their turf and can spot trouble before it smacks you in the face.From what I’ve heard, outfits like Northwest Preferred Property Management or Umbrella Properties in Eugene aren’t just running the numbers.. they’ve seen the weird mid-season repairs and the tenant personalities you’ll never read about in a textbook.

Preferably looking for a duplex or a single family home.  

U have to understand the mind set of many people in these markets THEY PREFER to rent they dont want to own.. its not like someone on the Coasts in high priced markets where they have seen folk get wealthy just owning a few homes. and your not adding in Property tax and maintenance.. folks that are/were renters just dont have the same mind set when it comes to taking care of the property or the cash to do so.But until you try it and actually talk with those in the market there is no way of knowing that many of these folks simply prefer to be renters..

As for the Florida property, as other s have said, its a personal preference. 

If you prefer to be close to the restaurants, bars and nightclubs, you might be better off in or closer to the town although Tulum isn't that big so you have access to everything from the beach area as well.

I will DM you the address but prefer not to post it.

Do you have any geographic locations that you prefer to invest in?