It is not always about stats.Recommendations:Neighborhood-Level Research: Don't just look at city-wide data.

Nationally, the levels of pre-existing home sales are back at 1995 levels mostly because of the interest rate conundrum, so I'm interested to know what's happening in your area that high rates are causing more people to sell?

Yes they require renovations at that level but with a little love I am still getting cash flow.

It has 3 units, an additional dwelling unit in the garden level, and 2 garage parking spaces (which I've come to realize are quite valuable where the property is). 

I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money)  we dont broker or anything like that.

They need to have enough disposable income to where they are not dependent on a high return, they need to be adventurous, they need to love the idea of owning a property in Costa Rica, and they need to have a very high level of trust in you and your ability to manage a property well in another country.

It seems like there was a lot of hype at the government level but owner/occupied demand hasn't been what they thought it would be.

But, even if someone was I would imagine the financing terms you can get a mid level furniture store would be much better then a hard money loan anyway. 

And look, I don't doubt the anomaly potential, the Malibu homes etc. but point is when we get to certain price levels the price moves outside "median" purchase viability. 

Contractors stated that he does surface level cosmetic fixes as fast as possible to pass inspections.