Cheap materials, thin walls, the LVP was peeling already not to mention the transient individuals in the parking lot. 

Mexicos second largest revenue source are wired funds from the U.S. by individuals.  

They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.

Like any good American, I prefer happy endings.

Keep at it because the way you talk and your analysis preference + being good with people is the key to what you want to do.

Every individual contract is different.

These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).

Do my 3 associates need to create a LLC to be able to do these renovations or can any individual do them, as long as proper permits are pulled? 

Then, each person with money in the deal would get an 8% preferred dividend until they get all of their money back.

I contacted Buildium and they confirmed they do not offer credit card tracking, but offered a workaround which was to set up a credit card as a bank account, and when there is a balance it's just always negative in the bank account, and this would allow you to track individual purchases like it was a checking account.