The house is in bad shape and the responsible party is worried it wont be renewed.

The time to profitably invest was Costa Rica is decades ago when it was cheap and an emerging tourist destination; people who invest today are late to the party, in the main touristic parts of the country at least.

.- Send the video to all interested parties and encourage them because of COVID to make a decision based on the video.- If a qualified applicant on the waitlist is ready to sign but won't sign without a showing, I coordinate to have the residents prep for showing.

If you send every dollar you make to pay your mortgage, put it under your mattress in cash, or lose all your income at the casino, that income is still taxable. 

The best part is the depreciation is over $15,000/year.

I guess the important part is that you start your journey even though you might not always be on the most direct path to your destination.I'm hoping to be able to capitalize on a deal coming out of this coronavirus ordeal.

There's partying and one incident with fighting in a hallway that led to cops coming, though little was done.

Be aware though that these types of funds cost around $10k to create and you also have to have a yearly 3rd party audit which will run you another $10-15k.

Let’s say 1 of the 5 run into a financial problem or is sued and a party tries to take the individual’s asset(s) as collateral.

My goal is to have a place nice enough that tenants are, maybe not proud, but certainly not embarrassed to host a kids birthday party with other parents attending.