.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

Alternatively, you can offer more such as central air when the competition doesn't have it.Avoid areas with a lot of new rental deliveries.

I could alternatively put that down in a index fund for S&P that gets about 8-11%.  

Cons- depending on your personal financials, qualifying might be more challenging and the loan might not amortize over 30-years.Another alternative would be a business-purpose rehab loan (fix and flip/fix to rent).

Here are my 2 cents (and probably some alternative options/strategies you might consider)...hope this helps. 

Alternatively, you could look into seller financing on the new property, which requires less upfront cash.

But if tenant stability and needing cash flow are higher priorities for you, then it may be worth re-evaluating or looking at alternative properties that offer more reliable cash flow from day one.

If done right, potentially, I could get cash flow for current years that could continue and grow into retirement and be an alternative to trying to stack 1 million more dollars in the bank.

First off, you should know that getting a loan as a foreigner in Mexico is quite difficult—most traditional lending options aren’t available, so you’ll likely have to explore alternative financing or fund the construction yourself.When it comes to managing the property as a short-term rental, you'll need to decide whether you want to open a small company in Mexico.

 You may be able to secure higher leverage financing through alternative lenders than a traditional bank (not always the case) and this may help advance your objective of reducing the down payment/cash requirement but that may only be temporary relief as you will likely pay more over the course of the loan because of higher rates and fees.