For example, you can have a large capex event like $20k roof replacement, but you can’t necessarily deduct it in a single year.

Also, regarding the 15% you pay to Airbnb replaces the commission your guests used to have to pay to Airbnb so you should be able to charge it through your guests through your pricing.And, yes, operating short-term rentals in Mexico, while cheap compared to developed countries, is somewhat more expensive than in Colombia, Ecuador and the Dominican Republic because Mexico is more developed.

As much as investors tend to complain about realtors, I'd strongly suggest that YOU need one since you sound very new to the game.

I also see where you’re coming from regarding the no state income tax—it can sound great, but when property taxes offset any savings, it loses appeal fast.

All those areas you mentioned sound South, what about North closer to Northeast Philadelphia Airport?

.- Does anyone think this is a sound idea?

All the remediation company does is stop the leak/repair the plumbing, remove any wet materials, dry everything out with big fans and then replace whatever needed to be removed.

So far, I've replaced the roof and siding, and painted the interior.

@John PipitoneIt sounds like you want to rent your place for more than 180 days?

The potential for a loan call is higher and higher with sub to the more parties you involve if that makes sense.Trying to take down four homes sub to and then do remodels to them all, and then list them on short-term rental sites, and get full permitting and ok for not just the STR, but for your renovations and all prior renovations maybe done without a permit, while on subto, sounds like a pretty big mess to me.I would consult with a sub to specialist and prepare for the potential of having all the loans called at some point.