You'll get opinions all over the spectrum on exactly where the balance is between paying down debt and using cash to invest, but in my experience, when someone uses words like "horrendous" and "crushing" to describe their debt, the one and only priority should be paying it off as fast as possible.I think it's a mistake to overly focus on increasing income. 

The deduction would go on schedule E as travel costs.If you are traveling to look at properties - the answer it different.Another reminder is that you may need to report to the IRS any account balances held abroad that is in excess of $10,000 during the year.

On the other hand, if you are on such a tight budget that your rent check bounces and your avg. daily balance is not in the 5 figures, you will most likely known if that darn landlord got his money or not :roll:

You normally have to find a balance between living on the lake front or living in a less desirable area.

As per the development I was talking about, Developer is called Alsadi and they seem to have several developments already built in Tulum : Tikal, Coba, Zama Towers Zama Premium Village, Balance Aldea Zama premium, Kaan in Aldea Zama.I visited a finished Unit at Coba development and it looked very good though this was clearly set at a higher price point and higher expected quality too.The local realtor (an Italian lady from TheAgency) told us that Developer is well known and send me their CV (I can share it with you if you share your email).So I wanted to think this is all legit but your comments are very appreciated and I'll need to be careful.Is the price point to comparably low?

(https://www.housingwire.com/ar...) were the big shops that were too busy building up massive pools and throwing money at scaling to notice the rapid transformation of the market and vertical rates - the smaller nimble shops with smaller balance sheets that were constantly in the secondary market were able to pivot much quicker.For the same reason that Zillow, OpenDoor failed, at the end of the day residential housing is still an local market and an "exception-based" business, lots of factors make it easier for leaner shops to compete.I also think when it comes to attracting talent, its hard to get people who are used to agency (QM) loans to expand and do DSCR - its a lot more work! 

Every auction I've been to the bank bid is based on the balance owes to the bank included principal, interest, and fees.

Each asset is a “class” in QuickBooks so you can easily run a balance sheet, P&I and other financial statements by either the LLC or the asset.

Every company balances different charges/services to make a profit.4) Can you partner handle the accounting tasks?

Currently, there is approx a $60k balance and the home is likely worth approx $100k.