Congratulations and keep up the great work because you are providing a wonderful service and positive experiences to the community that typically has negative experiences in housing oh too often.    

Many times, if you wish to hold the title in the name of an LLC, you may end up with less favorable terms or even find that it's not allowed.If you do find a loan program that permits taking the title in an LLC, it's essential to consult with your attorney and accountant to understand how to proceed.

I personally invest in Columbus for its growth and appreciation potential, but the prices are generally higher than in other markets like Cleveland and Dayton, which are worth exploring if you're focused on cash flow, typically ranging from 10% to 18%.

Granted, it's applied to the gross income but, for the typical Mexican STR, the difference between gross and net income is much lower than in the US given the lower expenses in Mexico.

Thank you Andy-we are currently done with the repairs  and theu agreed to waive her their  as of now and is not charging us any money as she realizes she hasn’t been able to rent it .Also there is no contract ,  which after reading more and more on property managers is essential.

Also, this depends on the points.UW/processing/lender fees are typically around $2k per loan (DSCR), give or take.

As a result, you can take on greater leverage than a typical investor, without taking on more risk - to a certain point. 

Screening right and extreme due diligence is always essential.

Typically financing for rentals for non-residents is pretty tough and limited and expensive. 

Typically in these situations the property also is less valuable as well which turns the second into negative equity and wiped out in foreclosure