He understood what troubles I experience self managing from afar as well.There's no start up fees, no lease renewal fee, minimal charges of I find my own tenant using them to only place the lockbox and take photos, otherwise it is 75%. 

Property was successful for the next 12 years with minimal issues.

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.

Bank - used another property with equity to minimize my down payment to $5,000.00 How did you add value to the deal?

If you have amazing dirt but paid a crazy price to get it then if tenant ever goes dark the upside tends to be minimal but the risk is high.

Quote from @Nathan Gesner: There are approximately 2.5 million vacation homes in America.While technically correct, I think it is important to point out that many of those vacation homes are in rural areas where there is minimal work opportunities.

Excel works fine for tracking expenses with minimal units.

I bought in downtown Rosarito in the condo complexes as i felt it would be better than buying a home since we dont live and minimal maintenance. 

I would like to avoid/minimize as many mistakes as possible.

However, I have been trying to figure out possible creative financing options to build more without having to sell, but I cannot seem to find a lender willing to do 100% down on land and construction even though the LTV would be below 50% since I can basically build for costs of material plus minimal labor by doing almost all of it myself , with a little help here and there.