At first, I tried to help the seller by guiding her to clean and make minor repairs to the home so she can maximize and make money.

I have been focus on educating myself, currently reading “Buy, Rehab, Rent, Refinance, Repeat” by David Greene. 

@Grant Greene would be a good start.

You only really need it to be clean and livable.

All bookings got compulsory 100% refund.I will survive (and maybe look for some buying opportunities :) but like others have said, my concerns are for people like my cleaning staff who have no work now.

I have invested in other countries in totally different property types, but those deserve their posts.Lessons LearnedI chose this favela because it was one of the safest and has clean water.

The prize of the house is 299,000 but I will make an offer for 275000 because it needs some work possibly 5,000 in clean up costs and preparing it.

I thought real estate was bullet-proof, that the games that made it vulnerable in 2008 had been cleaned up.

If she left the place in good condition upon move out you have to give it back along with an accounting for what you deducted for repairs cleaning etc.

@Ithamar Duran RamirezFirst you should acquire David Greene’s book on BRRRR and Brandon Turners book on Rental Property Investing.