Yes, unlikely, but there is a chance to collect. - They have a working relationship with the court personnel, which always helps. - They know the process cold, so shouldn't make a newbie errors. - They are arms-length. 

In the end my buddy and I nearly broke even after we included the monthly payments that we collected.

Add to this the new rail link from Cancun to Chetumal stopping at Tulum which is planned to open by 2025, at which point property values will soar, making right now the optimal moment to get a foot in the door.Back to us, Lichterman Rogers Development Partners (incorporation pending): We are all set up and ready to roll offering design, management, legal and facility management services, and are looking to find individual investors as well as major equity partners to get our first development off the ground.

To choose an optimal investment location, follow these steps:Select a city with a metro population >1M and sustained and significant population growth.

Consider Autohost or Hostfully both offer robust guest verification and deposit collection, tailored for professional hosts.

CA will want to collect the portion of the tax due while the property was in CA. 

Continuous evaluation of market trends also played a key role in setting the optimal sale price.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

And STRs really help because you don't have the large dings that long term rentals have - i.e tenants damaging the property to where you have huge make ready costs (the str insurance covers that), no collections or evictions issues. 

FULL STOP  Your ability to make such a profit will depend on your ability to manage the asset better than the prior owner.As a seller, the broker should be helping you determine the price point, at that time, that attracts enough buyers to achieve an optimal sales price.