Personally, I would not invest in Nicaragua. 

Where are you investing from?

Hi,I'm thinking of doing Investment Property conventional Refi.I had my current loan for about a month, and previous loan for about 2 months.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

You could test the waters with one or two rehabs, see how they perform, and then decide if a full transition makes sense.Leverage Your Skills:With your contracting experience, you can save significantly on rehab costs and add value quickly, which might give you a better return on investment compared to the time and effort spent growing the IT business further.Final Thoughts:Ultimately, it might come down to where your passion lies.

I am looking to make my first step into real estate investing in a year two by building a new duplex in the Lehigh acres area of Florida.

I have been doing all my investing in the Cleveland markets for many years, 100s and 100s and 100s of deals.

Real Estate “Enhanced ROI” TechniquesSummary of advanced techniques used in real estate transactions to enhance return on investment, yield and velocity of capital resulting in greater wealth1.

Again, this is very much a lesson learned from C-class investing in old urban properties in the Rust Belt. 

For me, I'm focusing my investing right now on doors.