Purchase price: $75,000 Cash invested: $50,000 Sale price: $171,250 Bought a condo in Mexico City (Condesa), flip it and invest to get it Short term rental ready, sell it as a business, with earnings around 2,000 monthly.

I have done about 250 in the last 6 months, BTW its a total scam / money maker for the city. 

The people paying you $10,000 per month to rent your property are doing so because they need or want the use of the property, not because you’re a “people” person.4.

An alternate MLS that offers a 'No-Contract' monthly fee service is now available.

I would put the student loan on an automatic minimum payment plus some comfortable, but not too large, additional principal payment (if available) per month, then forget about it.

Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷‍♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

This does not include those who way over paid (not just overpaid).I expect the next 6 months to be the prime time to pick up a few good deals for those who know what to look for and how to negotiate in this market and area. 

Please let us know if anything happens with it - my first thought, of course, is if seller financing is an option since they clearly have no business operating it maybe they would be comfortable just taking a monthly payment with no additional work on their end.

Covered by warranty as it was installed about 8 months before.

Me and my team run a large acquisition firm here in Pittsburgh with multiple properties coming in monthly for strategies like yours.