Luis, as you know everything is a pain in the *** in PR, and the government has their hand out at every turn. i think some of the issues are that rents are not that high, and finding qualified people are difficult right now, especially when people are not working. it sucks, but its the facts.unfortunately the properties don't appreciate well down there, so you would be buying for a long term cash flow play. 

Definitley dollars to be saved doing things yourself and having relationships with other skilled guys to avoid replacement, especially old school construction.I saved about $4200 skirting a t-111 sided house with rolled 10" flashing to satisfy an earth to wood appraisal sub2 on a sale a couple weeks ago.

There's always a high demand for homes, qualified buyers, perfect weather, and so many other great things.

You will get to take the gain prorated from the time of "qualified use" (as primary residence) tax free. 

So I have been talking to different lenders trying to see what I qualify for and apply that to my analysis.

You will need income to qualify for a loan. 

Could we plow the profits from the first investment property into funding platforms like Realtyshares, and still qualify for a 1031 exchange?

That title and summary are due by March 7.To qualify for the November general election ballot, the proponents would need to collect registered voter signatures equal to 10 percent of the ballots cast in the city in the most recent gubernatorial election, in 2014.

I thought those were part of the FHA loan program so wouldn't it need to be owner occupied to qualify for that?

You may qualify for exemption, but definitely check it out as that could cost you way more than the repairs if you are in violation.