Here's an ideal PM contract: The two keys are: The PM is incentivized to make you money, not charge high fees, and is contractually bound to provide reporting that you can understand in a timely manner. 

Real estate agents are not highly regulated in Costa Rica as opposed to North America.  

Yes, they have some high fees but all and all such an easy process.

I am a highly motivated individual, however, and I'm dedicated to getting into real estate investing.  

I am assuming here, but if it's been on the market so long, it's priced too high for it's condition. 

My answer would certainly be highly dependent on his own emotional make up, his desire to relax and travel, his willingness to delegate and outsource, etc.

Uploaded some build series videos for now, but will have some videos up soon discussing how to GC builds and general investment strategy.

I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.

Risk entails everything from lawsuits to lack of diversity in investments to low rates of return to high exposure to vacancy (more units theoretically lowers vacancy exposure).

Most of these folks don't want to lose their voucher.Additional issue, when rent is too high, it slows down leasing.