And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).

Are the property costs reasonable compared to the USA even though it's high in Peru?  

It follows the sales price, so if you are in an area where the taxes jump they revalue your house compared to those around you.

Go line by line in the bill and ask questions about the charges and compare to the scope of work you approved.

Since the market pre-May 2022 just is not comparable anymore I am interested in anyone who has done this in CFL from around May 2022 onward successfully and how it went.The goal would be to aquire a STR that would cash flow itself, or at worst break even and also use that to maximize deductions to lower W2 federal income tax.

Fortunately I was able to get out of my contract with comparatively minimal loss. 

Cap Rate helps in comparing investment opportunities by evaluating potential returns based on income and value. 3.

You can close in the business name/LLC here.You are not required to have your investment property in the business name, however, some lenders and bank may require it if they are a purely business purpose, lending institution who servicing companies, mandate commercial purpose only.And yes, finally you can get landlord insurance.I recommend shopping around and comparing a few quotes to get started happy to connect to talk further strategy and detail.

I would probably try to compare it to other remodeled one bedrooms in the area.

Also, compare it to other returns you can get in the market.