It didn't work out so well but I understand certain aspects are out of their control. 

Hopefully, the other aspects of real estate investing will present opportunities on the horizon.

One aspect that you bring into this discussion is time.

@Lenn Lin, I'm not a CPA, an not qualified to comment on the accounting aspect of this arrangement.

Look at every aspect of the house for things that could become issues.

The rental thing is fairly new to me, and I haven't understood the bookkeeping aspect of individuals who own multiple properties.

You are led to believe that the guru will provide all the knowledge and information you need to be successful in some aspect of the real estate industry.  

When I checked out Google Vacation Rentals when it first came out, the data was not super accurate, so I'm hoping they keep building out that aspect! 

As I hinted in my previous reply, I believe it's just because Puerto Rico doesn't have the deep pockets to match Mexico's and the Dominican Republic's colossal investments in infrastructure and marketing.As to the currency aspect, yes, Americans don't have any foreign currency risk when investing in Puerto Rico.

California It seems like the market quite competitive.I'd love to hear more about your experiences and any tips you have for navigating these different aspects of real estate investing and development.