Finally, most people I've met in the country (and elsewhere) who love to stay in short-term rentals and dislike all-inclusive generally dislike Punta Cana.Of course, it's another story if you buy (partly) for lifestyle purposes, as you might just be happy enjoying your property and covering your costs.

The renovations are cosmetic and are estimated to cost about 8k. 7.375% is a much higher interest rate than the other 4 properties I have, which are all between 3.25 - 4.25%, but I know that's just the situation with interest rates right now, and it may not get better any time soon. 

Addressing these early can save you from costly repairs later.3.

Read below for notes from the conference and look for notes next week specific to BFR.NOTES- Home buying is currently double the cost of renting in most markets.

There is travel time and cost involved.

You need to compare your cost of living, and overall personal cashflow each money with your current situation vs. this potential new acquisition.

If not, can anyone share how you find reliable and cost effective landlord insurance policies?

I'm not in Texas but insurance costs are rising everywhere.

Trusts do have benefits, but the costs for you at this juncture may outweigh those benefits.Often times, what people truly want is to just be protected in the event the unforseen happens with the property, and thus, a solid, robust insurance policy is often the most cost effective route at this point.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.