The good, less money up front,  the bad: MIP and lower cash flow.

You can invest your money in stock and sit back and literally do nothing and get some reasonable returns.

They are probably aware that the tenant will stop paying at some point in the next 2+ years and they want to recoup their money ASAP.

Don’t forget, we are hard money lenders, so we are used to financing borrowers who aren’t necessarily strong.  

Let’s see some of those “uh-oh” moments.DIY Disasters: Tried to do something yourself to save money but ended up costing more?

@Ben LeeIf you can move the equity to another deal that makes you more money then sell the condo and buy a SFH. 

This experience underscored the importance of making timely decisions, as time is money in real estate.

My niche was looking for areas that were run down but getting ready to gentrify (or so I thought, sometimes it's just a guess or gut feeling :-)Drive around the areas you have selected as possible money-makers and then drive, drive, drive.

There might be only one person in the whole show with 100’s of vendors and and thousands of visitors making money.

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.Thank you for the insight, I know a few friends making money there thru Airbnb and I was looking for more insights  I’m assuming you don’t own real estate?