I know we chatted via email, but sharing the info here too in case this is helpful to someone else 🙂- The cost will depend on how many adults are in the room. - Kids 15 and under are FREE!

He is not in a position to begin lending money for several reasons.I assume the HELOC was made against his personal residence.

Renting by room to the max occupancy to minimize the outflow of your personal cash into the property.3.

Not to be a jerk about it, but I've done my share of difficult things. 

Having lived in Tulum and Colombia, I will share my thoughts.

I will share updates as I proceed.

It's generally a good idea to keep rental income and expenses separate from your personal finances.

Make your intentions known and question them on what they're ok with and what the fees are regarding just simply holding a license for your own personal transactions.

Me personally, it took me a while to understand what the expectations were for rentals in my market for different classes of rentals and it was much different than I would have expected at the beginning.

Thanks for sharing.