Otherwise, if I try to balance my time between work and real estate, it could take me a year or so. 

(*You could also hire your own appraiser, just for your own edification and for some degree of checks and balances.

We kept the bank balances very low and documented everything we could. 

It's a clause in most mortgages that once the loan has defaulted, you can accelerate the loan to make the full balance due now instead of over the full term.

What system do other people use, to make sure data transferred from the PM to QB and making sure it balances.

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?