He and his wife hold it in a revocable trust with plans for the asset to be distributed to his adult children.  

You'll find some heavy hesitation on most lenders if it hasn't been planned/permitted because of the delays that those things are prone to have.

. #3) Capital planning/strategy For maximum efficiency you should have at least a rough idea of the phases of deploying capital.

I plan on getting a property management company to take care of it.

It's really hard to know what direction your city council will go in but it's advisable to try to talk to someone in the City planning department to get a read on the council's sentiment and to ensure you are at council meetings where it's going to be discussed. 

Yeah, the airport in Tulum is exciting, according to the government they plan to have 4 million passengers a year, and Cancun airport just broke the record last month of 30 million passengers in 2022.

Also, are you planning to continue to use hard money to fund your projects?

If you're open to sharing, I'd love to know what your Year One cash flow and cash-on-cash return are projected to be.Also, do you plan to continue acquiring more deals using bank financing?

Yes, I will always do my own analysis and I do plan on seeking mentorship for further knowledge before proceeding with my investing career.

If you're open to sharing, I'd love to know what your Year One cash flow and cash-on-cash return are projected to be.Also, do you plan to continue acquiring more deals using conventional financing?