I'm purposely playing devil's advocate here, just want to do what is fair, and since I'm new to all of this, I'm looking to experts like you to help me think through it!

The typical method of going through a real estate agent and using MLS doesn't seem like the ideal path (if only the easiest and most typical).  

Sometimes selling it, even for a loss, is your best play.

For example we have seen many properties that are ideal flip candidates but they just won't cashflow after refinancing and since we are looking to buy and hold we have had to pass.

The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

It's seems like good exposure to an ideal audience. 

Ideally I’d like to be at around 60% financed.

I know that the mid west in general is good for rentals, but I was hoping that some of you who are investing in the area could point me to some specific locations around Montevideo that would be ideal to purchase some rental properties. 

I can think of a few other ways to make use of the land, perhaps, to collect revenue, but for now, from an investing standpoint, how would you guys approach this deal assuming its a good one ( low monthly payments, no or very low interest).Is it uncommon to have contigencies in play in case I can't make use of the land or sale it to someone else within a timeframe so I'm not stuck with a bad investment?