HVAC could last another year or 5 but on any property you need to be prepared for larger expenses to come up during ownership.

Prepare a few questions, introduce yourself as a beginner, and focus on building connections.

Jackson logged time spent on things like paying bills, coordinating with the property manager, and preparing tax returns.

But don’t let anyone discourage you during the process—stay focused on your goals.Loan Summary Shock: Be prepared for a big number on the loan summary from your lender.

Greetings all! This forum has been an absolute wealth of information around the foreclosure process and trustee sales.
I've been heavily researching tax sales/foreclosures for a few years now and finally feel ready t...

(Everyone complains that they can smell each other's food and smoke and  in each other's apartments ) The building is in Northern Jersey where I believe the building is responsible to provide ventilation by law. 

Just make sure you’re financially prepared for the loss and have a buffer for unexpected costs.

You can't compete against the all-inclusives unless you offer complimentary food and booze or you're cheap, as you seem to be confirming.This being said:1) Properties in Mexico/Cancun trade in USD so you have no foreign exchange risk in Mexico while properties in Colombia are traded in COP, the Colombian peso, which has been tanking over the years, eliminating any hope for capital gains for American investors.2) You can get a mortgage in Mexico but you can't in Colombia so even with lower revenue, Cancun would likely still be more profitable, even if you don't take capital gains into account.3) The political risk is much higher in Colombia, especially at this present time.Is Cartagena a bad investment?

Most municipalities have a free help line to prepare oneself for civil court. 

I would also prepare to sell it on the used marketplace but if you absolutely don’t want to go that route then I would recommend getting it included in the purchase upfront (but still use it as a bargaining chip first).3) marketing: the best target audience is going to be a savvy house-hacker for a property this style.