Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Feel free to reach out to discuss.All the best!

I photoshopped a Tulum map with the future master plans to get a feel for how Tulum will look in a couple of years... mixed feelings. 

If you wish to know more, feel free to connect.

As an additional benefit, the tenant/applicant sees that I'm not trying to make money from the application process and that sets me apart in their mind from some other landlords who do or whom they feel like are doing that. 

Feel free to send me a DM and we can talk. 

The three reasons that come up the most are: 1) they’re not comfortable with handing over their money to a developer without knowing if he’s trustworthy and capable of delivering the property as agreed, 2) they feel they’re priced out of the market and 3) they don’t have either enough cash or access to financing.

After reading the other comments, I feel like you hit the nail on the head!

I feel like I got scammed but also my fault for failing on the due diligence .

Feel free to reach out if you have any specific househacking questions!