Yes, this property has been continuously producing (well I set the distribution 🤣) 8% coc and at the end of the year 2021, after building 6 figure capex reserve purely from the cashflow(we needed cuz the bank capex line of credit was almost gone), still had some left over money, so we distributed it as a year end bonus which brought 2021 coc return to closed to 10%.

BONUS *Buyer's agents usually do not cost you a dollar!

I’m looking at a 20k bonus later this year (which my wife wants us to pay down debt with) but I think I’m going to use that to get started.

HSA Bonus depreciation The Book on Tax Strategies for theSavvy Real Estate Investor: Powerful techniques anyone can use todeduct more, invest smarter, and pay far less to the IRS.

Double bonus if you can rent out enough units or spaces to completely cover your cost of living. 

Bonus points for kayaks/paddleboards, etc.  

The bonus of Mexico is the cheap, short, easy flights.

Right now only about 1-2% of my revenue comes from GVR.I can imagine GVR becoming pay-to-play and you having to spend money to gain traffic from it at some point, but if you are working with a PMS that offers that integration for free (shameless plug of Hospitable.com 😉 full disclosure, I work there) then right now any traffic or bookings you do get are a great bonus!

I recommend that, instead, investors view appreciation as icing on the cake, a bonus that will assist in the investment but is not the basis of that investment.

Additionally, you can do a cost segregation of the property and take bonus depreciation creating additional tax savings.Beyond short term rentals, I think buying a triplex or property every two years as a primary residence and then renting out the unit you lived in and repeating this every two years is one of the best ways to accumulate a portfolio of properties with little down with property tax savings while you live in the property.Then, it will be surprising how quickly the equity builds up as other people pay for your asset that you then can pull equity out and buy a larger apartment building after you have learned about property management from owning the smaller rental properties.To Your Success!