Will I become suicidal after the 5,000th call?  

You can be charged with wrong doing up to 10 years after you buy the property. 

A rent payment isn't enough to cover the DSCR payment, HELOC payment, tax, insurance, and maintenance.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

Multi-family real estate is something I am planning on doing after I graduate college and eventually full-time. 

Thanks again for your input, and I'll probably reach out as I get further along in the process.Hi @Edward Zachary Samperio, the regulations aren't that difficult and I'd be happy to give you a quick rundown about the density limits, hotel occupancy taxes, permitting, etc.

There will be a lot of going on after an election so I would factor that into your thought process.

Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

Truthfully horrified that this is an individual who wants to raise capital from others "to scale" after owning section 8 rentals for 2 years.

I have a client that bought a condo to rent after living there and the HOA ended up outlawing rentals.