So even if you don’t return to your current job, you should consider picking up another one to boost your income until you’ve established yourself in real estate.

One of the more established areas for tourism is the island of Ambergris Caye.

If the grass is greener they will jump it sounds and then you will have to deal with a vacancy and you are most likely going to have to lower the price anyway to attract a renter and take a gamble on someone new. 

I did check the PM agreement and it does state in there they have discretion to establish rates subject to me notifying them in writing.   

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Construction is one of the worst businesses to gamble in (ie profit and liability), from injury to defects to contractural disputes.

Solomon, reach out to Sarah Floyd at Milwaukee Hard Money/F-Street and Teresa & Anthony Machi at Machi Capital---both are solid, well-established, trusted local lenders that also have funds and deals that you can passively invest in with nice returns. 

I did reply to the CM with some questions: - What happens if the tenant doesn’t, or is unwilling to, find stable employment or establish independent living within 12 months?

A realtor who is well established in the area will always have contacts for landscaping, handymen, contractors, labor, lenders etc.

I had to establish my account with the power company (the landlord needed the account number) before I could sign the lease.However, the entire complex of 350 units gets one bill for the sewer, trash, and water.