I'm speaking only with my experience in SoCal...but another reason they are expensive is that we were required to use very 'green' products.

@Celine LiI also agree with @Jonathan Greene.

@Jaycee Greene Thanks for the connect!

Quote from @Jonathan Greene: 2 bedroom single-family homes are great rentals because they cost way less to buy and don't rent for much less than a 3-bedroom home.I'll second this.

@Jonathan Greene Thank you for recommending Brian book.

Though the property and surrounding areas look nice in the pictures, the doors and windows has bars which concern me.I am just starting our my RE investment journey and all help is greatly appreciated.

Quote from @Jaycee Greene: Quote from @Samantha Suero: Hi Jaycee, thanks for your response!

@Shawn Nofziger If you're green to REI the auctions are not a great place to start. 

If you prefer to be close to the restaurants, bars and nightclubs, you might be better off in or closer to the town although Tulum isn't that big so you have access to everything from the beach area as well.

Quote from @Jonathan Greene: Quote from @Randy Achi: Quote from @Jonathan Greene: Go to local real estate investor meetups, there are a lot of them in Chicago, and start networking.