Build up a bank balance including emergency funds, money for a down payment and reserves for spending on repairs and maintenance on the investment property.

I forgot to include the wholesaling fee.

I just include language in the lease about utility usage and cap.

This may include the following:1) Obtaining Financing - The sale of the property may be "subject to" the acquisition of a mortgage or a loan from the seller.

Call them up and tell them exactly what you're looking for in terms of a deal including what areas you want to buy, price range and how much work you want to put in.

As PM's we're exposed to the good and the bad... and that includes BOTH Tenants and Owners.

It will be easier for you to afford and a more present transaction. 

Instead, I can share properties that have proven to be lucrative in the short-term rental market, including those benefiting from the new Mayan train and Tulum International Airport developments.If you're interested, I'll send you details on available all inclusive condo-hotel properties in Quintana Roo, along with price lists and availability.

What escrow/title company includes rehab costs in the settlement statement?

What I would encourage you to do is to compare how much cash you currently have invested out of pocket in the deal and also calculate what the cash flow is for that property.Cash flow is the income (rent) minus all expenses: mortgage payment (including principal, interest, taxes and insurance), average maintenance costs, capital expenses (new roof, hvac, water heater.