EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

So, my suggestion would be to get into a position where you can handle the cost of maintenance without the warranty and save yourself the extra money that you're paying. 

If the property is not occupied for 6 months out of the year, (and you will have to prove that) then you will have to pay $3,000.

In most places, a verbal rental agreement is month-to-month.

They weren't easy to work with when we had delays due to a wild winter that pushed the schedule back by 3 months. 

New Lease Terms: Monthly or Up to 11 MonthsI've been considering adjusting my lease terms to either monthly or up to 11 months.

So much so that it's been now dubbed the super peso and it's causing headaches to Mexican developers who sell in US dollars and have their costs in pesos.The reality is that you actually don't necessarily need to spend a ton of time understanding international real estate to invest internationally, although doing so would definitely increase your success, of course.

@Jasmine HuNot sure I would go to Memphis and don’t know the VA markets.I’m in Greenville SC and love that market - midway between Charlotte and Atlanta.Booming population, income, and job growth - not as competitive as the NC and Florida locations.As you note insurance costs are in issue in FL and probably in Wilmington too.To add some additional context, one can invest successfully in most markets.For me, knowing your market is as important if not more important than selecting a market.

There are challenges everywhere for different reasons -- weather, building codes, tenant culture, competitive market, high cost of labor. 

It costs a lot of money to have people fact check this spreadsheet.