You should definitely wait so you can leverage an FHA loan. 

A shorter minimum stay and dynamic pricing are great for attracting bookings during slower periods, though the trade-off with single-night weekend stays is definitely a balancing act.

We manage 100+ units and it definitely can take a lot of time. 1) I would say the first question to ask yourself is what your goal is.

Always talk to your CPA to see if you qualify.That said, the benefits are definitely worth it if you do.

I would say that it is definitely NOT impossible to find positive cash flow property in Australia, but it is not easy.  

I dont know the market in Las Craces.....but in the DC area, we definitely have a seasonal adjustment on sales, and if the property was here, it would have been listed at the worst possible time. 

I will definitely have to take a look there.

I'd definitely consult an RE attorney who is versed with dealing with these. 

@Scott Tennell there might be two different definitions here to the PML term.So, if you mean you are reaching out to PML that lend money all the time and have experience doing it - then they will tell you what their requirements are.  

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.