Instead of doing a 3-yr bullet you may consider making the note adjustable at 1% escalation annually past year 3.

Gain is sales price less cost to sell less adjusted basis.Adjusted basis is original purchase price plus improvements minus accumulated depreciation.

Some appraisers will combine the square footage and go that route and make adjustments.

90% LTV on a HELOC or Refi is not realistic on an investment property with our current market climate.

That has informed us for this year's trip, and we'll be staying in Langosta/Tamarindo, Potrero/Flamingo, and Hermosa (Guanacaste not Jaco).Of course, there are tons of beautiful places in CR, and the better climate (read: less hot) is found at higher elevations. 

Start small, evaluate results, and adjust gradually.

As the economy shifts, there will be new ways to grow your portfolio, but success will require staying nimble and informed.Bessent’s commitment to cutting the federal deficit involves a mix of spending cuts and revenue adjustments, which could directly affect government-funded housing programs and infrastructure investments.

What would your inflation-adjusted monthly income be in 5, 10, and 15 years?

However, once converted to personal use, you can no longer claim depreciation, and the accumulated depreciation will reduce your adjusted basis, increasing your potential taxable gain upon sale.

Your property management rate should be higher—there aren’t many options in the Metro East, and the good ones tend to be expensive.You mentioned that he’s already okay with you removing the tenant or adjusting rent if needed.