While you may always have a skip, early termination, or eviction, spreading out the lease-end dates can help avoid having all units vacant at once.

It isn't one of the cheapest in all of Central America; however, it has so much untapped potential that is hard not to look the other way.

It's a good idea to consult with a real estate attorney to ensure everything is legally binding and clear to avoid future disputes.

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

Do you have the experience to avoid these?    

As mentioned elsewhere, as much as you're able to do so now, handle all estate matters so you can avoid probate.

I’d avoid flat-rate fees if possible.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I assume your wish to use a HELOC is to avoid paying interest when you are not actively rehabbing a BRRRR.

STRs also avoid automatic classification as passive if rented for seven days or fewer per tenant.To maximize tax benefits, maintain detailed logs of all hours worked on activities like tenant communication, cleaning, maintenance, and marketing.