They just have a bunch of rentals.

Just a year and a half ago, I wholesaled the house directly across the street from this property, making this deal even more meaningful.

I have the rental properties insured with a variety of lenders and no issues with putting all of them under the umbrella policy.

First off, of you have capital for the DP or money set aside?

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

After working a long night shift that ended at 6:20 AM, I shut my eyes and prayed, thanking the Lord for the day and asking for rest and guidance.

@Jonathan Greene thanks for the shout out.

But a bedroom or a bathroom can be easily qualified in terms of dollars (I usually see $4,000-$5,000 allotted for differences in bed/bath count).Truthfully, if I can't find easy comps and if I can't make it easy for the appraiser to agree with the value I'm looking for, I just don't buy it.

It seems like it basically up to you to do the math on how much more you will potentially make selling each unit individually and then deciding if that extra $$$ is worth the number of extra hours you will spend.

It seems like you're asking the right questions and talking to the right professionals.