I have been struggling with maintaining a full time job and balancing my true dream of being a full time mom.

I bought the property for $73,500 off the MLS from a tired landlord who neglected the property and did not maintain it at all.

Best of luck and remember new isn't always the best route over a well maintained 3 yr old car still under factory warranty.

That is pretty nice but I actually would be budgeting MORE for maintenance and repairs (Not CapEx though) then I would for a place that had major updating a few years ago and was just well maintained.

Home insurance could increase, rents could decrease, the estimated 40% for expenses will increase every few years as the property ages—as will the cash reserves for maintaining the property, and eventually something will have to be done increase the cashflow.

Would potentially allow me to maintain all year for my purposes..

If you took the same money and you were in the right area you could use the same cash, maintain a lot more control and make 20-30% on your money pretty easily.

We like single story for some other reasons, such as ease of maintaining the roof and gutters.

Be prepared, maintain your properties, address problems as soon as you can, mitigate damages and have adequate liability insurance in place.You need to know the law better than she does.

On the other hand, the property would maintain its value in dollars, so the capital invented won't be damaged by the peso inflation, just the opposite.I just also listened to the 17th podcast where the guest was say that at my age (26) I should not be caring about cashflow but about building capital.A personal loan from the back would have a 60% of interest, although if I buy the property as my first house to live in it I could get a 18% anual interest rate and pay the loan in 20 years.