Whatever happens, I'm having a good time evaluating.

Theres a few counties her in N.CA that are so back logged with evictions by banks taking back properties, that if the defaulted and foreclosed home owner even answers the complaint, their could be a several month back log and this buys them more time.

Do plenty of market research or property evaluation in Costa Rica real estate before starting up any business in Costa Rica.

Learning how to put deals together, how to evaluate properties, financing options, dealing with tenants, marketing a property and so on would be invaluable.

As Jon mentioned, evaluating the financials is very important on any deal, not just new construction.

Many come here for mental evaluations and then off to government housing.

So I expect to see a realistic evaluation of the deal that supports me getting my interest and my money back and that give you enough profit potential that you won't give up with the going gets rough.

We have to evaluate the whole situation to see if it's worth it.

I don't yet know how to evaluate a property and its income potential (beyond comparing to other similar units in the neighborhood), how to estimate rehab costs, figure management costs, etc.I admit have much learning to do, but the exercise you suggest may be the homework I need to immerse myself in the process. 

However I feel that from the beginning I should be proficient in every aspect of the business so that I can evaluate any future hires.