And then, as the icing on the cake, I might get a huge capital appreciation as the USD/BRL exchange rate reverts to the mean.

No, you cannot have your cake and eat it too.My reading is that in general your eligibility for the Section 199A deduction is determined on a property by property basis, although there are some aggregation rules. 

The cash flow is just icing on the cake to them as they do not need the money.

Tell them you have no problem if they use a vaporizor (or any other method), but smoking of any kind is prohibited.Do any medical marijuana prescriptions from MDs in CA that allow people to buy at clubs specifically prescribe smoking v. edibles or vaporizer, etc.?

I heard some statistic that "edibles" make up some huge percentage of the market in the legal states.

3 BR minimum and more than 1 BA is just icing on the cake.

All say, "invest for CASH FLOW and if appreciation happens, then it's icing on the cake".  

My wife embroiders stuff so that is cake. 

A litmus test might be: If you were a baker and you refused to bake them a cake because they had a visible tattoo, how would that play out in the community; in the media; in the courts.Just my $0.02.

Hell, go for it, from my POV all you are doing is better ensuring that *I* get paid back, with interest and in full.If you failed to maintain insurance or failed to pay your mortgage, might the lender use the due on sale and LLC thing as icing on the cake when they go after you?