We have about $100k wrapped up in the stock market and we could potentially get 60-70% of that from my understanding.

I would schedule a few calls and have a few specific questions you can ask potential tax pros.

Living in the property during the renovation not only saves me on living expenses but also allows me to intimately understand its potential.

Yet, Tulum's ongoing infrastructure projects, demand, and anticipated growth suggest long-term potential, especially with the influx of families and the upcoming projects.

Though it feels pointless given that I am a few months from being able to make the purchase, and the market will likely be in a different state at that point, I figure it couldn't hurt to practice analyzing the market for potential deals.      

Look for areas with strong rental demand and good potential for appreciation.

Yea things continued to get interesting today as they basically completely dodged all prior commitment to get the work done and basically said they verbally asked the engineer to 'start working on the septic design' as a favor to any potential buyers but never had any intentions to pay for it. 

Estimated mortgage $3321, it is in a downtown historical area close to everything with good appreciation potential . 

You have more potential to gain equity through appreciation with multiple homes than one commercial property.

Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.