In summary, while acknowledging the risks highlighted by Mike, conducting a comprehensive SWOT analysis is important, Tulum is a massive tourist destination.

Allowing tenants to do repairs (especially anything involving electric) is a massive liability and usually causes more problems than it solves.

@Kevin Siyes, so many have these massive multi-million $ portfolios that their rmd's are WELL INTO the 6 figures. 

The water damage was massive and had completely rotted everything around the window.

Louis market there are massive groups on Facebook that I have join that have helped me tremendously in finding new team members.

This is clearly a fixer, as should be obvious by the massive rat problem , two recently failed escrows and all the deferred maintenance.Thank you!! 

Heck, even Warren Buffet failed at that in the early days of Covid, and he got flack for it at the following Berkshire shareholders meeting.That's why the saying "Time in the market beats timing the market" is so popular.

In addition they mentioned the following  additional annual fees:2500 ongoing consultation1500 corporate filing returns1000 personal returnswhat do they base their setup fees on as this is a massive swing from averaging 4-15k to now over 29k?

Premier properties are excelling and doing better than expected, average properties are suffering massively.

Paying zero tax is inefficient in it of itself--- unless it was for the rest of my life or something...Making use of the lower/lowest tax brackets and the standard deduction (being so massive nowadays) is a huge tax break in it of itself.As mentioned, you only drive one's taxes higher (and/or higher tax brackets) in future years, especially with using up the depreciation faster.