I'm looking to buy in the Algarve, either some land or something to refurb.London based and been in the building industry for 15 odd years,Any meet ups down there or guys doing the same thing and interested to share ideas etc?

In the meantime I will continue the search for a new PMC and talk to our lawyer with the intent of filing a suit since odds are it will be needed. 

If the loan is not being serviced by a third party then odds of getting this are going to be slim as most mom and pops don’t know how to do this but yes they should.  

It is pretty odd and frustrating problem you have.

Inflation will cause rent to go up and if your debt against the property is based on fix rate, your odds will only get better.

I definitely enjoyed this thread, which is odd since I don’t have a short term rental, but I guess a good argument can keep a reader in suspense.

It was bonus that CA had near fixed property taxes.The low vacancy rate decreases the odds of getting a bad tenant because the tenants realize then will need a good LL reference to obtain local housing. 

I know it sounds odd but I see it coming eventually maybe not right now but it will come.

Odds are they will move before this happens . 

The truth is, the odds of being successfully sued for more than your insurance will cover is ridiculously low.