Real estate agents, property managers, and contractors who specialize in your target market can save you time and money in the long run.

Run realistic numbers and be prepared for the worst.

When you run numbers in a BP calculator you can see quickly that equity gains DWARF cash flow.

I also run investor retreats out of them so they serve multiple purposes.I would say that it takes a specific person who wants to invest in Costa Rica.

When I see ones much more than that like yours in the $700s to well over $1000, run.

As I am new to this and looking for cashflow using rentals, one key aspect of this investment is to ensure that the unit rents out quickly and while I do understand that cash flow to begin with might not be attractive, it can be a good investment in the long run if the location is right(as appreciation also kicks in).

If this were my property, I’d run a detailed rental analysis (from what I’ve read in Forbes) to see if the short term route could outpace traditional leasing.

Take that deal for a trail run.

I’ve hit multiple home runs off deals I found on LoopNet.

Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business?