These days I checked several threats in this nice Bigger Pockets forum and found several people have already asked about investments in Costa Rica.I know how real estate investing is done in the U.S. and I also know, that you can't use the same approaches and strategies 1:1 for Costa Rica (some strategies just don't work here).In Costa Rica I am specialized in high-yield investment deals (8%+) in the San José area and also in high-end luxury properties with great ocean views and good rental income potential in luxury tourism.One of my projects right now is providing a larger investor client/partner of mine with 8%+ yield p.a. real estate investment deals (in the 200k asking price area per unit) in great neighborhoods in growth zones in and around San José.

My profit was never below $30,000 on the quick ones and sometimes $300,000 net on the longer ones.

The duplex is located in a town of about 7k people but is about 35 minutes out from a larger city of 300k.

You probably aren't going to be able to sell this to a student either as they will be strapped for cash.You may be able to find someone to buy a new house in that neighborhood and make a profit, but then you take on a lot of risk.  

With 10% down you could probably find a larger home on a larger lot for $800k ($80k down) and plan on spending another $100k in renovations and furnishing. 

So we installed a window unit in the bedroom so when the weather is not that hot, we shut off the central air, and use our bedroom for eating and sleeping.BTW, I'm told 220 volts is more efficient, which is why for larger units, they're mainly 220 volts.

If you do that though you can't actually take out any of the cashflow...because the problem with CapEx is that it doesn't actually cost just 8% of your rent. when it come it comes big and heavy, so you'll need to be able to build up to having that reserve account...some people like to gamble and will take it out...I personally don't recommend taking cashflows from your real estate until you're much further along with much larger reserves.

In the first 30 days I explored the different niches to see where I can best serve the community and build a profitable REI business.

I'll probably have find something more complex as I move into larger MF properties, but for right now venmo works great for my first few properties. 

We've put a lot of sweat equity into our current home, made a good profit, and we are looking forward to bringing everything we've learned into our new duplex close to the beach here in San Diego.