Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada).

Best of luck and if you ever want to brainstorm options, happy to chat!

Having the VA option is certainly a benefit and we're excited to get started now.  

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

It's much cheaper than Buildium and offers similar tenant screening options.

@Joshua MartinSince you might sell next year, a HELOC is probably the better short-term option—lower upfront costs and flexibility to pay it off when you sell.

But I'm looking for the cheapest option to acquire for now and then work my way up to multifamily.

Debt reductionLots of people only consider the first option. " I am not putting any money in to my pocket month over month."

Financing & Loans: What are the best loan options for short-term rentals?

Buy-in is often more conducive than other more saturated markets and there's such a wide variety of options to choose from.