The difficulty in this strategy is getting the numbers to work at essentially 100% financing.

For them, these properties are still cheap by international standards hence the real estate market si still booming in spite of all the economic difficulties and uncertainties and there's likely a long trajectory upward ahead for prices.

If you're looking for STRs on the beach, you'll have difficulty finding something that cash flows unless you can get optimal occupancy. 

I don't know if there are any extra difficulties in TX. 

Hello,I am new to the forum.I am interested in learning more about real estate ( searching to learn about  investment property[duplex,triplex,quad] how difficult is to manage this types of properties)Also any suggested locations in CA or AZ to look into for investing. 

There's no need to use so many loan/lien positions that carry difficulties in structuring and require downpayment/money out of pocket. 

However, difficult is my middle name, or so my wife tells me (just kidding).  

Hey Peter, you shouldn't have any difficulty exchanging your portion out of a TIC, your QI should be able to help with that. 

I would consider it if the stays were a week or longer, but in my experience the difficulty of cleaning does not drastically go up after a few days, it is still the same work.

I've seen people agree to a balloon in three years, then have difficulty refinancing because they don't have enough equity.