Based on that number of units I would expect much higher figures - did you buy these buildings all/mostly cash?

I'd recommend speaking with local specialists in your target market to look at multiple investment options side-to-side.Lastly, some of my clients have been encouraged to stay away from HELOCs unless they expect a lump sum (inheritance, sale of other asset, bonus, etc.) to pay off the HELOC in the next year or 2. 

As real estate professionals, we know that international transactions come with unique challenges-different laws, cultural expectations, financing hurdles, and currency exchange factors.

But I also wasn't expecting the promotion to apply for a 28-day booking.

Rented in Feb 2024, Lower cash flow than expected.

They expect you to live in one unit, BUT I have never heard of anyone from the lender go and  check in on you to see if you are actually living there. 

If so, how many deals/loans do we need to do before I can expect more favorable terms?

In my experience one of my biggest lessons learned when dealing with older properties always expect more than you initially thought. 

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Walter PinedaEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!