Sounds like you’ve got the ball rolling, best of luck with your investing journey, keep that cash coming!

•Run your numbers conservatively and stress-test your investment.Lastly, I’d reconsider Section 8 (S8) for your first deal.

You can test that side of it out to see if it's a good fit for you, but take some time to find which side is the right fit for you because that will be a key to achieving long-term success.Also build as many sponsor relationships as you can in the beginning because that'll give you plenty of options when you find a deal. 

See the stress test above.  

Test out.

Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.

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.

In the limited instances where I do collect a fee on the purchase I often roll it into the deal and take price reduction.

I want to continue to invest in the property especially after getting back the inspection report which had a little more work than expected but I can roll with the ball!

It's still important for each individual to test the software platforms to see which one they prefer.