With this in mind, if you intend to leverage short-term debt (hard money), it's even more vital that your underwriting is thorough and that you have the correct systems in place to tackle potential issues.

Interested in a meet up with like minded investors on Long Island.  

Low Risk: TDAs are insulated from market volatility, offering peace of mind.4.

Every little thing in the project should be in writing, even down to the door stops :-) See my tile spec sheet below ...Two problems with your post though - 1) In my experience, most problems come from the customer changing their minds constantly.

I would love to help get the information for you, I don't mind getting that for you and I have someone that can help with getting you the capital needed as well.

They are designed particularly with mother-in-law or next generational living in mind.

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

And your net worth will thank you.If you still want to go ahead, you'd be better off buying a house than an apartment because, while the value of the building itself will go to 0, you'll still have the value of the land, bearing in mind that the land might actually lose value too given the depopulation and the yen depreciation.Sorry if I'm pooping a party but make sure you understand what you're getting into (which you're already doing by asking the forum) and then make the decision that's right for you according to your objectives.

What do you have in mind? 

Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).