The new Amazon distribution center going into Arlington has really driven demand for rental properties in Arlington.    

Material prices and subcontractor rates could kill you.....

Pair this with supply chain challenges, expensive materials, and labor constraints and it only gets worse.

The only reason to even consider an assumption in today's market is if there is a high pre-payment penalty that would make the sale free and clear unattractive to a seller.If you don't mind very low leverage, and there is significant upside that can he harvested when the pre-payment is either phased out or the new value is so great that the pre-payment is in-material to your return. 

Your maintenance/capex budget will be driven by what you see in the resale cert (review financials, budgets, reserve study, read meeting minutes) to see how well the association is functioning.

Nature of the market will determine adjustments and rents.Suburban PUD - driven mostly by property quality and beds/bathsCondo Tower - views and floors can be huge?

Belize is very tourist driven.  

They typically range from $180-$230 residential RETAIL (beach cities) depeneding on the materials the homeowner chooses. 50 units on the other hand is differnt than the typical SFR.I would figure it like this, for rough numbers - Come up with a unit layout (or layouts), similar to what you'd be implementing on your project.

I also quit using general contractors for rehabs and reduced my costs to 50/50 labor/materials and am saving at least 30% per job, and sometimes 50% by hiring skilled labor for $15 per hour.

This law was put into place due to politics from the lower classes (complaining of rents being driven up due to foreigners).