I preach to everyone make a wish list, prioritize, test the software and double check. 

Eh bien, raise your berets,To those Canaan days.

Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.

Individuals are purchasing these properties, rehabbing them, and raising rents.

You've been doing a great job of raising the awareness.

You've raised some excellent questions.

The soil composition had to be tested and cleared before development could begin.

Moving into a flip is going to slow down the process and thus raise carrying costs.

NONE of the money raised from the auction of a 2nd goes toward the payment of the 1st (that is why they call it "subject to the first")4.

Last year we began testing different places by staying in Carrillo and Junquillal with day trips to a lot of other nearby beaches.