You can use that scenario as a learning experience when you may or may not encounter future challenges. 

Not having experience qualifying prospects I would think that the leads you would get from here, if any, would be..... challenging. 

While there are undeniable challenges—higher interest rates, tighter lending conditions, and market uncertainty—there are also unique opportunities that can make real estate a very prudent choice if approached thoughtfully.

One of the challenges with this string is that it is clubbing together two VERY different companies.

I’d love to hear from you about any questions, concerns, or challenges you’ve encountered (or anticipate) when considering property investments in Mexico.

However, if you hold a 30-year-old depreciated property for 10 years then it's going to be challenging to exit.

The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.  

Curious, what’s been the biggest challenge for you in trying to BRRRR a 10-30 unit property?

Challenges?

Zachary,Your concerns about Cleveland are valid—high property taxes and stagnant population growth are definitely challenges to consider.