I am at low 8 digits profit from local RE with just 10 properties including over $2m appreciation on a single property.  

GAAP accounting, reporting to the Federal Government every month, and a business mind says: take the loss this quarter while we have income to offset.Account Closed foreclosure where borrower doesn't file BK or lie and change the title or other postponement ....s costs about $55000 today as digital processes and video hearings save time and money.There are better tools today.

But the difference between that time and now is two things, in 1970s era the interest rate is in the high single digit.

In my personal opinion I would only consider it if it were a home run multi year lease below market value with double digit ROI. 

Using a property management system (PMS) enables you to bring automation to all major areas of Airbnb rental operation (cleaning coordination, guest communication, digital self-check-in, review requests, pricing, upsells, and finances)The bottom line a busy physician with a fairly high W2  can pass material participation tests (100 hrs AND more than anybody else), claim tax losses from his or her STR business and save 6 figures in taxes without working full-time in real estate. 

Yes, you should be able to download your digital files and read them even without data (after being downloaded).

I have a US mailing address with a family member and a digital mailbox for business accounts.

Digital disruptors like KVCORE, KLUTCHKREATIVE and SEMIRUSH are at the forefront, equipping real estate agents with the necessary tools to navigate new commission structures and harness AI for marketing to a digital audience.

Digital Receipt Management - File all receipts in a dedicated Google Drive folder.

Just as encountering a faulty vehicle does not render all cars unreliable, the saturation of the 500 ft2 studio and 1-bedroom market in Tulum does not diminish the investment potential of other segments within the region. 3 bedroom + properties are still yielding solid returns (double digits).