There is a Citizen by Development program that helps you save taxes for new developments but the best bet is to buy an existing property and slightly renovate.If you have never dealt with Caribbean based labourers and you have no patience... then the Caribbean is not for you. 

Had the well collapse so I had to put a new well in that was 300ft.....

I'm relatively new to the state of Florida as well as the world of real estate investing.

This is all very new to me so any advice on what would be a good next step would be awesome! 

I'm wondering if I just move on from my PM and find someone who's willing to take on a bit of a fixer upper, or keep the current PM for now, hire out someone myself to do all the work needed, then find a new PM.

But then off the list, I imagine the property values went up and/or the new competition drove the ADR's down. 

Purchase price: $94,000 Cash invested: $15,000 Sale price: $162,500 Bought a cheap condo that needed some work when we moved to a new city.

I booked a place that did not have instant book turned on - it was a new host.  

New entrants to the market don't know what they don't know until they get into this. 

Hey John I am just new to wholesaling and I want to start wholesaling but every video I saw or book I read on wholesaling says to not mention to the seller we are wholesalers, but probably is better off for everyone to be honest about what I am trying to do with the property, no matter if I am looking to assign it, do a 1031 exchange, use it as a rental, etc.