Best of luck on your real estate future, it's been a fun adventure for me!

There is some future Infrastructure improvements taking place, which can/cannot impact the property ROI. 

Incurring losses every year will mean that the losses will be suspended and carried forward and will offset future passive income.

After two years, if everything is going well, I might explore the BRRRR method.For now, I’m focusing on the Austin market, but I’m open to exploring other markets in the future.

I may look at out-of-state investing in the future, but I think good deals can be found locally (which I think you acknowledged). 

Additionally, I'm banking on a future opportunity to refinance.After less than a year, here are a few tips from what I’ve learned:*Hire a local STR expert real estate agent to guide your investment location.

Small multi-family is hot right now due to house-hacking (low barrier of entry), and future cash-flow. 

This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.

You can also connect with a realtor that is willing to handle this and future leases for you.

The way we used it was when a borrower was in default, and say was expecting to be able to pay in the near future.