This information can be overwhelming, but I recommend looking for the following items:Credit Score: Depending on your criteria, you may establish a minimum credit score for your tenants.

Austria, Germany, Luxembourg; these immediately come to mind as "ancient" developed areas in contrast to the "infant" that is USA, and they seem to be doing very well, very efficient, very well setup and established across the strata's. 

Eliminate debt, establish a budget, and save.

There are occasionally opportunities for grandfathering if there is evidence of legally established conversions that were done previously, but no permit records exist to show it was done. 

Consult a tax advisor to optimize the use of passive losses and explore potential benefits from selling stocks.This post does not create a CPA-Client relationship.

Eliminate debt, establish a budget, and save.

I think getting really good at one thing, establishing a network within that niche, and being able to analyze deals quickly is the key making things work.

Through connections with people in various markets, I was able to establish short-term rentals internationally, manage properties in different states, and diversify my investments in a way I hadn’t initially planned.A lot of these opportunities came from contacts I made over time.

Here are my thoughts about your decision to refinance.Process:Understand your current loan terms.Check your credit score.Compare offers from different lenders.Get your property appraised.Submit your application and go through closing.Considerations:Current interest rates vs. your existing rate.Amount of equity built in one year.Closing costs and fees.Your long-term financial goals.It's a complex decision, so consulting a financial advisor or mortgage specialist might be helpful.

I started looking in surrounding areas and found that the markets less established or still rebuilding had much higher cap rates.