I like to take something that is broken, buy it, fix it, make it nice, and let others enjoy it for a modest price.Satisfaction in providing nice homes to people who need one because they incurred unusual life circumstances, but still want to be proud of the place they live in.

Do we have alot of uncertainity in the market - of course.

Your 3% cash-on-cash for the condo isn't that unusual... condos are low maintenance investments but definitely not known for good cash flow of cash-on-cash, especially when putting 20% down.Always happy to talk about investing locally if you're interested as well - we've been able to find good success personally so its definitely possible.

I can provide you with the contact information of my CPA, who has a PhD in Mexican taxes and can assist you further in this matter.Regarding agent commissions, it seems that RETA's commission is unusually high, charging around 10-12% to the seller.

I have been pondering an unusual situation for a while.

And where I live in the Bay of Plenty it is not unusual  for a 350-400 metre squared section to go for around $350,000-400,000NZD.  

BUYER, putting $15% down is unusually high...

Of particular interest to me are those unusual ones like those specializing in reroofing, handyman services, their opinions though maybe not definitive may a someone who is always hearing of potential properties.  

Once you have that, start asking questions for those areas that you are uncertain about.To learn, listen to podcasts, watch YouTube videos, and read.