I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas. 

Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.

A lot of factors go into this. 

That depends on a lot of personal factors such as your finances.

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

Haven't seen him in what feels like forever. 

As far as I know, your assumptions about the tax implications are correct for non residents, it was one of the main factors that stopped the idea of investing in Spain for me.

We started this in 2019 and plan to continue forever so we can look back and see our growth.

If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

Especially those big deals with loads of equity and loans, they can take forever to close.