Hey @Robbie McCarthy, As accountants on BP we cant directly promote our services. 

In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.Among the benefits of acquiring properties on plans are the following:1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.a)- Real estate transfer tax 3%.b)- Real estate asset tax (IPI) 1%.3- Financing available with an interest rate of 0%:Which works depending on the policies of each project, it normally works as follows.a)- the unit must be reserved from $2000 onwards.b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly paymentsd)- the remaining 50% can be financed with a bank or you can pay it cash.4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..Thank you

Talk soon,David  First off, thank you for your service!

That being said some of the areas do drop down a lot during the winter just due to lack of services running, restaurants closing for the seasons, and lack of events going on; so staying in areas near the year round attractions will be very important.  

Remember, it's a team player, so combine it with quality listings, competitive rates, and stellar guest service.

I wouldn't call $500,000 cheap - I use sub $200,000 as my parameter for "cheap" and if I'm not in a severely negative cash flow (-$100 to -$150 at most for first 2 years at current interest rates) but it's hard to tell since I can't predict precisely how many tenant turnovers, capital expenses, how much my property taxes/insurance will go up, repairs I would have on a renovated Class C Midwest property that's 100 years old over 10 year time span.

@Ruben Helo Ruben, if your final choice(s) is to invest in areas other than where you live, be certain to do 2 things in relation to the front part of those BRRRR's before going under contracts to purchase: (1) Make sure you have a quality short-term rehab style lender, and that they service the area/city that you are targeting.

Alabama law says that a property is abandoned if there is no electric service for over 7 days.

Versus waiting months as you note, went with two 200 amp services.

I have a no pet policy, and I know ESAs and service animals are different.