NSPIRE inspections will more accurately reflect the true physical conditions of properties and ensure that property owners adopt sound maintenance practices to eliminate health and safety hazards that may pose a threat to residents.

We hypothesized that more people booked from a host with a face and name rather than a company logo, which likely helped with revenue too.Well-Timed Refunds: When mistakes inevitably happened, we limited exposure to bad reviews by issuing generous refunds right before guests checked out.

Will this eliminate your chances of being a victim?

Joseph,Bigger Pockets is the best site on the internet to build a newtork and get all the hlep you need to avoid mistakes and save money! 

You can't compete against the all-inclusives unless you offer complimentary food and booze or you're cheap, as you seem to be confirming.This being said:1) Properties in Mexico/Cancun trade in USD so you have no foreign exchange risk in Mexico while properties in Colombia are traded in COP, the Colombian peso, which has been tanking over the years, eliminating any hope for capital gains for American investors.2) You can get a mortgage in Mexico but you can't in Colombia so even with lower revenue, Cancun would likely still be more profitable, even if you don't take capital gains into account.3) The political risk is much higher in Colombia, especially at this present time.Is Cartagena a bad investment?

Our second land trust, however, turned out to be un-lendable due to our mistake of making the beneficiary structure too complicated.

But... you made so many mistakes:(1) No Personal Guarantee: try getting a loan of credit card for an LLC.

Is that a mistake?

Would a court allow you to collect twice- make a windfall profit on this mistake in renter judgment?

Mostly worried that even if I find a place and the money, that I'll be making a big financial mistake and have little left to cover unexpected costs.