Mexico and the Caribbean countries are going to be huge beneficiaries nit only of the post-pandemic travel boom but also from the work from home trend, as more people look for a better lifestyle at a much lower cost with beautiful weather and beaches to boot.

Documentation is very important, and sometimes an issue will pop up later and you will want photos to reference back to.I would also add to be conscious of the tenant’s privacy and remember that it is their home too.

Ultimately, it's about finding the investing strategy that aligns with your goals, lifestyle, and area of expertise/skills/knowledge.

Selling real estate is not a job its a lifestyle...

I am a member of Lifestyles Unlimited. 

Long distance management of just one negative cash flow property wouldn't fit with my personal lifestyle.

This is my first post and I am eager to began my investing career and lifestyle.

In the midwest and my primary market of Memphis especially, there tends to be a range of residents that choose to live a lower income lifestyle and don't mind living in a C class area if the rent is only 700/mo. 

And if the investment returns are less than expected, or there is no cash flow at all, you can be left with partial or complete debt service out-of-pocket.If you use debt, be sure that if the investments had zero cash flow you could still service the debt without altering your lifestyle. 

However, I mostly want more free time to pursue other lifestyles.