I keep on hearing people say that you're typically going to want 20-25% down for an investment property but is it still possible to do 5%?

There are 100’s of PM’s in the Tulum area but probably less than 3% of them are trust worthy, registered and legal to operate such a company.

Typically we see the better rent:price ratios/cash flowing properties a bit outside of the city maybe within 45 minutes or so of downtown, or in the C class neighborhoods closer to the city that are a bit more management intensive.You might be able to get a close to turnkey duplex for ballpark 80-130k if looking in the area I mentioned above.

If they don't leave then evict them.This is the hard part of operating income properties but you have to decide whether you are operating a charity or a business.Don't let it become adversarial, simply explain that you will not be renewing the month to month lease and recommend that they begin looking immediately.

You can have a highly successful one operating right next to a struggling one.

We typically buy off market, but I know the networking is one of the best ways to access off market deal flow through brokers. 

@Jay Hinrichs has a very good point in this regard, his advice is typically golden.3.

I often search for off-market preforeclosures and the data coming from PropStream typically shows me a ton of properties that are no longer in preforeclosure (based on court records showing it being dismissed) or that are actually listed on MLS.

. $1M-1.5M is typical sales range.Lincoln City - Salishan Resort is a premier oceanfront community.

Over this time, I have developed and operated a successful farm business, including a cow-calf operation and a farrow-to-finish hog operation.