Gatlinburg/Sevierville/Pigeon Forge was highly bid up due to realtors pitching inflated revenue projections. 

Numbers get inflated by international students who are not, on majority, buying homes or staying past their schooling.

Everything in managing rentals right now probably feels harder because landlords are getting hit from all different directions (inflation, interest rates, government, etc) and there is a great amount of uncertainty in many markets.

If you look at all the posts, they are being artificially inflated with fake upvotes.

And then reality kicks in - the construction was painful - finding decent contractors, inflation, scope creep - all the usual **** made worse by the fact that nothing is particularly easy in costa rica besides ordering cocktails.

Their inflated costs and reduced services make them an unattractive option.

I really don’t know how to move forward.I do not see how this works$3800 (rent) - ~$1600 (p&i) -$340 (taxes) - $250 (insurance) - ~$1200 (maintenace/cap ex) - $380 (PM)  - $180 (vacancy) - $400 (water) ~$50 (misc) = -$600/monthin a market that appreciation and rent growth has not historically kept up with inflation.  

Here are the terms:12-month term17% Interest (Annual)Quarterly interest paymentsSecured by equity (not real estate-based)$250k minimum investmentFirst-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindHere is their marketing email about the original fund I am still receiving:In today’s volatile market, I want to discuss inflation and some ways you can beat inflation to help you grow your wealth and boost your passive income with a focus on our investment fund, Norada Capital Management.I'm hosting a live webinar this Thursday, April 11th at 11 am PST (2 pm EST).In this live webinar we will discuss:How does Norada Capital mitigate risk in this environment?

Operating expenses like property management fees are capped and transparent, ensuring owners can’t inflate costs or misuse funds.3.

There is plenty of property for sale in Memphis TN that can meet the 1% rule and you wont overpay for it on a "promise" (The inflated profits via the pro-forma they gave you).