If you prefer to be close to the restaurants, bars and nightclubs, you might be better off in or closer to the town although Tulum isn't that big so you have access to everything from the beach area as well.

I do prefer EDEN, they are about 2 weeks Done.

If it is longer term, which do you prefer living in?

If you ask me, I would much rather prefer investing in my local markets or at least somewhere I can drive to.

Obviously if you’ve done this before you likely have a method you prefer for dealing with these types of things.

Anyway, you mention you've "developed a strong foundation in market analysis, design, and project management", which are all important in the development space.My question, what areas do you feel you are lacking and are either trying to develop those skills yourself, or you'd prefer to bring someone onto your "team" that would provide that expertise? 

Some prefer to rent.

I don't go above 70% generally and prefer mid or low 60s. 

Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

If you have any other resources (preferably free) to analyze properties, it'd be greatly appreciated.