If you're open to a bit of creativity and local regulations permit, converting additional spaces like garages into rooms can further enhance your rental income.Overall, your strategy has a good direction.

So It’s the NOI that needs to be increased or enhanced because NOI is what investors are out there to purchase.

The Mayan Train project, featuring two stations in Tulum, promises to enhance connectivity and attract more tourists.

Specialized Real Estate Investment SoftwareThere are several real estate-specific software solutions like Stessa, Realtyzam, or Propertyware that are designed for investors to track and manage their properties.Pros:Tailored for real estate investments, offering features like tracking income and expenses, document storage, and reporting.Some platforms offer automation and integration with real estate market data, enhancing decision-making.Cons:Cost: Most platforms come with a subscription fee.May offer more features than you actually need, depending on the size of your portfolio.4.

I have multiple STR properties on the beach and looking at adding a vehicle to each property to enhance the vacation experience.

Enhanced Safety and Cleanliness: Implementing rigorous cleaning protocols, emphasizing hygiene, and adhering to local health guidelines will help build trust and attract guests.Embracing Technology also helps; automated booking systems, smart home technologies, and data analytics to for insights into guest preferences. 

Focus on Education: Besides your real estate course, consider ongoing education in areas like real estate investing, property management, and finance to enhance your knowledge. 4.

Prevention is key, enhance ventilation, fix leaks, and control humidity to keep mold away.

Also, I'd like to hear your suggestions to optimize costs further or enhance the project's profitability in New England.Thank you again for your valuable insights, and I look forward to your feedback.

Understanding and mastering the ARV estimation process can significantly enhance your ability to secure favorable financial terms and maximize the potential returns on your investments.