Large section 8 tenant pool.The only problem you'll run into with BRRRR is needing to do the Renovation part of it long distance.

Add renovation costs, holding costs, and most importantly lost rent while remodeling to the home needing a remodel.

Make-ready costs will be several thousand minimum, in my experience they range from $3-10k so there goes several years of your projected cash flow right there.

Along with some tourist activities.WE also meet with some locals who got us an audience with the Minister of lands and the Deputy Prime Minister that is working on a housing project called starter houses for Belizian citizens.

That insurance part could be really important for a balcony project!   

One unit is rented, and the other one just went through some quick renovations (painting, flooring, etc), but I found a few minor issues during the viewing.

Is it a fund or a single project?

I'm not a licensed GC yet, but owner builder in CA allows us to hire as w-2 to complete the renovation.

If their loan has requirements for the property type of thing or if they even have renovation loans (if that's even needed).  

Account Closed The DSCR loan for properties that are stabilized and rent-ready and bridge loan for properties that need TLC or renovation seem like pretty stellar options for you!