I don’t think they can adjust for 2/1 if it is not currently a 2/1 because now the appraiser is basically increasing the value of a property based off of what it could be, almost a pro forma, rather than how it currently operates today, “as-is”.

Since then, I’ve paid several special assessments, replaced the HVAC and hot water heater twice, and absorbed tax and HOA increases.

Assuming you have about $52,000 for a down payment, you could potentially increase your purchase power using a 10% down investment loan product.

I fear investors can become fixated on market cap rates but there are so many factors that go into both high and low ends of the spectrum.High cap rates can generally yield better cash flow opportunities considering you are purchasing at a low price to NOI ratio but may be an indicator of a dwindling market considering valuations are staunched.Lower cap rates can generally yield better appreciation considering a small NOI increase can shoot values up further than that same increase in a high cap rate market. 

Work on increasing your W2 income, saving money (don't buy new cars, expensive clothes etc), pay down credit card debt.

I would go after one with an increasing job and population growth.

As Bill mentioned, you could potentially be a coborrower for him on a cash out refinance to increase his buying power.

Because we know that these issues have little bearing on the property market and because we look at facts and statistics instead of basing our decisions on hearsay and fear mongering:- We know that many North Americans have invested there and the overall majority has never had any problems with it;- We know that, if we invest in the right places, we will make much higher capital gains that we can get in Canada or the US over time;- We know that tourism numbers keep increasing year after year, whereby we'll make a great return with short term rentals;- We know that more and more North Americans move to and retire in Mexico, to take advantage of the great weather, culture and the cheaper cost of life;- We know that our property is safe and isn't gonna be taken away from us.To conclude, I'm not going to try to convince you to invest in Mexico.

It was very common for attorneys to not take on any additional cases following the eviction moratorium due to the increased workload.

I am glad this worked for you, but you are implying that following the same strategy that worked in 2020 will work the same in 2024, while ignoring the rate increases, rent increases, exponential increases in furnishings, the maturation of the STR market and increased competitiveness that brings.Realistically, if we only look at 2020 to 2023, the best strategy would be to buy *anything* decent on the MLS and hold for two to three years.