Since we are long term owners and not doing flipping, cash is not as much of an immediate concern for us since the purchases we make require less upfront cash due to minimal rehab necessity.  

Agree to a lease that allows you to cancel the lease with minimal notice the moment anything goes wrong.Ask for references and contact themSide note: make sure you can actually get insurance to cover you under this scenario before agreeing to it.

Given the heavy front load of interest, the equity gained from mortgage paydown over five years may go unnoticed due to minimal going toward the principal.

And because Puerto Rico uses the U.S. dollar, there is minimal currency risk.Tax incentives:In 2012, Puerto Rico introduced a series of tax loopholes to lure investors and businesses.

It's was all about maximizing every dollar spent and minimizing every expense we could to have as many dollars left over for profit for us. 

Gone are the days of throwing up an average property receiving great returns with minimal effort.

I've had tenants for many years/decades and I do everything I can to not raise rents or minimize raising rents as many of my tenants have become like family. 

It is also your responsibility to try and find a tenant in a timely manner to minimize the vacancy. 

Buying in a good location and screening tenants really well minimizes a lot of this type of risk. 

The rest is super easy.I won’t minimize the importance of vetting the property.