Looking forward to establishing this group! 

Also be aware of squatter rights (Costa Rican law establishes possession rights over a property by means of occupation).

Then establish the rental portion.

Trust, Trust, Trust- You need to build systems and relationships that establish trust with investors.

My RE investment throws of a very nice chunk of change, but it costs a lot to maintain it, it is not liquid and it costs an awful lot of money to make it liquid.

I do have one question that I wouldn't be able to answer without input from someone who is actively involved in self-storage, so if you don't mind, I'll turn this thread that direction.Knowing that I'll be moving away from Pensacola in a year, that this is my first time investing in self-storage, and that my strategy will be finding mom and pop operators who've mismanaged their facility and aren't maximizing revenue, do you think one year is enough time to buy, stabilize the facility, and establish systems/processes such that I don't have to be involved in day-to-day operations?

We did that on note in Oregon last year that worked out well.If you work with a servicer that reports to the credit bureaus then you can help the buyer/payor either establish credit or improve their credit with timely payments. 

I manage properties from Atlanta, so it’s definitely doable if you’re willing to put the work in to establish the right systems.

To go from SFR raw lot to SFR developed lot read to build? 

Realtor; 2 years to establish yourself (I know plenty of agents who make it big their first year), year 3 and 4 establishes qualified income for lending.