Betting on appreciation is pure speculation too and has sunk many a would-be investor.

We'll have to see, but 7 yrs from now, I'll bet a 500k condo near the ocean will double in price!

They can hold for a while and bet on appreciation or just protect their capital.You and I and any other syndicators have to work long and hard to find the good deals that are worth our time.  

Is Medellin still a safe bet in 2022?

Or, did you simply bet on appreciation during the time of purchase, while looking for something that would at least break even?

Your best bet to see what their requirements are early on so you can start planning.Good Luck!

If you have limited access to historical numbers to base your underwriting off of, then using a determined amount per unit is a safer bet. 

My PM uses Buildium and as a client it's OK.You'll get lots of people chime in about using quickbooks and appfolio as well I bet.

After thinking long and hard on our situation and possible income achievable we feel real estate is the best bet for were we live. 

I'm saying that if a seller says he collects x amount each month but his taxes say he collects half that,  then you can bet your life I'm going back to the negotiation table with a lower price.