It was a cheap way for me to drive around and note locations I wanted to send to in my home town.

Some pots and pans but all cheap trash.

@Joseph Griffith To answer your first question, I've house hacked in a very cheap Midwestern market and a more expensive (but still cheap compared to many coastal cities) market.

Reasonably painless (45 days of financial colonoscopy) and reasonably cheap ($3500-$5000).

So you'd be looking at high potential rental income, cheap properties or, even better a combination of the two.That prime candidates would be:Mexico and the Dominican Republic: cheap properties, mass tourism, occupancy all year long, closeness to North America, direct flights from North America, the US and increasingly Asia, strong international and domestic tourism and tourists coming from diverse locations.Southern Europe (Portugal, Spain, Italy, Greece): properties aren't necessarily that cheap (some are) but you have mass tourism there as well.Then you have secondary markets like Colombia or Brazil.

Now I’ve caught the bug and am up at 3:30 am scrolling through BP posts looking for cheap ways to find good leads to wholesale.

Because of the limited availability of financing in area like Latin America, property prices haven't been artificially overinflated by cheap debt, whereby they're much closer to their true value and won't collapse like they did in the US following the mortgage meltdown of the last decade.Nevertheless, Bruce, you're making some valid points which I could have made in my first answer but didn't.

I hired a prop mgr, but it's not cheap (like 40%) just to see what happens when someone that knows what they're doing run it.

Cheap quick cash and hungry How did you find this deal and how did you negotiate it?

  :)  In fact, one of my cabins' HOAs is $50, and I was trying to cheap out and not pay it because all I seemed to get for it was a pool.