High taxes.

If your not ready to spend money on a software you can use tax records.

Without an ITIN/SSN, I'd be worried about running into KYC/AML violations, fed tax liens, the borrower being deported, lien enforcement, etc.

I had to redo everything they did on my taxes. 

With down payments as low as 5-10%, plus low property taxes compared to the U.S., investing in German real estate is more accessible than you might think.If you’ve ever thought about owning property overseas but felt intimidated, stay tuned.

It is DSCR based and no personal tax returns are required to qualify.

Also, you will have additional occupancy tax depending whether you are in the city limits or not.

I also wonder if some hosts only list during football season and then transition to mid-term rentals (MTRs) the rest of the year.New Tax Changes Coming in January 2025Starting January 2025, Airbnb will automatically collect and remit the 5% tourist tax for Gainesville.

I also wanted to benefit from tax saving before the years end with a new property purchase.

Maybe if you had a good, secure location to store things you could pre-order stuff you think you might need for your next project(s) and stockpile it.