Purchasing and renting out condo/villas in DR

A couple of friends of mine have brought this proposal to me as a business idea. I was very hesitant at first but seeing the the Dominican is one of, if not the fastest growing
Markets in the Caribbean, I'm convinced that it would be a good venture.

I've looked all over online for inquiries regarding renting out condos in the Dominican, and so far nothing really comes up except advertising of rentals. I see this as being one indicator of it being a popular idea.

I know somebody has already done this or mabe evan asked about it.this is our plan We would like to by a condo and have a rental company with a good history rent it out for us. We have contacts in the Dominican who will regularly check its condition. I have already looked into local maintenance shops and cleaning companies to have the place looking its best for every guest.

What I am concerned about is getting taxed twice, I understand that the Dr government has a 27% fixed rate on rental income on non and residential businesses. But in Canada of course its much more  complex, having  profits as a Canadian business in the dominican is different then having profits as a Dominican business in DR. Also the trust in these rental companies.

For security reasons we plan to do the regular credit procedures as most rentals and hotels.