Tourism is an historic well established business there and make a comparison Mexico Vs Colombia is like compare a tropical island vs a desert .

Hey @Brian Barcelona,First - congratulations on saving $20k at your age, most Americans don't have more than $1,000 in their savings account, so that in and of itself is quite an accomplishment.I would concur with @John Warren, find something that cash flows and get into it!

I plan to get our accountant's opinion as well once we get a little further into the deal.I would appreciate any and all input. 

I'm am currently only worth my savings account which is roughly $5,000. 

Most people you even consider blocking are "Account Closed" within a matter of days.

@Michael FaudoaIf you invest sweat equity in a partnership, the accounting for it can get pretty complex. 

I am also trying to account for the eventuality that he could trash the place or a major capex item comes up while he is living rent free.Do you see other alternatives to structuring the deal where I shift liability and also reduce holding cost?

I don't even remove my listing from online until I have a signed lease, and their funds have cleared my bank account.

Do I need to contact the title company before I show up to set up the account?

Account Closed you could post the name of the property management company here on BP and maybe someone in the real estate business in San Diego will know what is going on.