These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.

The Right must resist the urge to demand suspending environmental protections and necessary building codes.

We are excited, at times frustrated, and have a healthy level of anxiety, but all of those elements were expected from the start.I'll try to keep this thread updated, as it has always been helpful for me to read others' experiences.

It's one of the most important elements of making a deal happen.

When those elements align, it gives you a buffer to handle the inevitable challenges that come with a fix and flip or hold.The entry price, especially, is such a game-changer—it can turn even a tricky project into a win if it’s favorable enough.You have to be able to put together all the moving parts, and make all the planets align! 

It's one of the most important elements of making a deal happen.

Based on this some elements of my REI strategy are going to need to be adapted!

Risk assessment and mitigation: Quick analysis of crime rates, school quality, economic stability and environmental risks. 5.

This can be cap ex to the building's common elements or cosmetic like a new lobby that you as a landlord may not view as a worthwhile investment but the owner occupants may.

From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.