It isn't one of the cheapest in all of Central America; however, it has so much untapped potential that is hard not to look the other way.

It appears to hold much year round potential with the right tactics and tools.

Remember to account for potential surprises.

Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work. 

Make sure to research lenders, get pre-approved, and calculate your potential ROI before bidding. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Non-compliance can result in penalties up to $500 per day and potential criminal charges.

As someone based in San Diego, I’ve also noticed that investors eyeing California real estate tend to focus on potential future development or expansion (especially if you have the patience to navigate local regs).

With big benefit potential of possibly retaining "Graduated" persons who are now highly trained, proficient employees. 

If you have steady, high income in a coliving house I think that’s potentially more profitable.