If you're going the umbrella insurance route, make sure it will cover you for several things including just the routine slip and fall (like mold or earthquake).

(even with property management you will still have to pay and check up routinely)  Whereas the wrap income is guaranteed, the downside being taxes paid on wrap income and inflation vs the wrap income over the life of the note.

The 30 year fixed is fully amortizing and has a cost to originate and close that is quite high; several thousand dollars is routine.

If you're going the umbrella insurance route, make sure it will cover you for several things including just the routine slip and fall (like mold or earthquake).

@Paul ZhangAre you talking about a unit you own, and you’re doing a routine inspection, like I do, every 6 months?

I would rent, like others have recommended so that gives yourself some time to figure out the areas, find your routine and what you frequent and then target that area to buy.  

For example, you can't represent yourself as an entity, so responding to frivolous lawsuits or even filing routine legal paperwork will require shelling out much more for an attorney to do it for you.And then there are the hidden expenses that everyone's mentioned.

We walk out, I go through my routine with the realtor at the property.  

This is by no means creative, but I think one of the key things people routinely fail at is keeping their expectations in check. 

They are from there originally, and I was providing context as to why they were fearful about asking to have their moving expenses covered since they feared retaliation, which occurs routinely in Jamaica.