Thank you for sharing this incredible story, and I wish you continued success!

Once you understand these basic things (a several more) you will be in an educated position to put in credible offers that can turn into successful ventures. 

This is my 1st post and I am so incredibly thankful that a forum like this exists and for any information to help guide me through this tough decision is so immensely appreciated! 

Your guidance has been incredibly helpful, and I now have a valuable direction to further research.

He owns an incredible amount of real estate and is not worried about making a bunch of money on this.

The aesthetics are definitely a plus there are a couple of developers that have built incredibly beautiful properties in Tulum and are killing it with super high rates and high occupancy in locations that are not the best but they are rare. 

Same logic applies here as it does to your previous experience, there's just simply an added layer of the income produced by the property. 

There is an incredible amount of waste taking place on the planet yet people are pointing their fingers at bitcoin.

The inspections alone cost me $1,300, but that upfront investment saved me tens of thousands of dollars and spared me countless headaches.In short, buying older homes requires more diligence and negotiation, but when done right, it can be incredibly rewarding.

They come with strings and fees so whether they are worth it depends upon whether you can live with the strings and have enough gain scale to justify the fees.I was looking at Delaware Statutory Trusts for similar reasons and opted not to go with them as most I've seen are incredibly inefficient due to massive internal fees which grind into dust much of the tax savings, so what would be the point.