You have to watch out for properties that hit 1% or higher, but have cap ex and tenant issues.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

But, the higher income you have right now, the faster you can work your plan. 

I've owned a 6-unit for about 6 months now, and the water/sewer bill is higher than expected.

Most hard money lenders will want to know about your track record - if you have no experience, partnering with someone who has a track record will likely be an easier path to approval (and likely higher leverage) than applying by yourself. 

(Higher return is available but at a MUCH higher risk).  

However, we have a higher end market so it always struck me as strange that we'd only provide such a small amount since it doesn't cost that much more to provide more.

The environment now with higher interest rates and higher purchase price does make it more difficult but definitely doable. 

The Mexican corporation, generally advised if you buy multiple properties, given the higher costs.

So, yes, you'll get a lower percentage of the cash flow (which isn't that high anyway for long-term rentals like pretty much anywhere in the world, including the US) but you'll get appreciation and loan amortization.b) You successfully invest in STRs and make enough money that you don't care that much about the higher taxes.To conclusion, as a foreigner investing in Spain, with a few exceptions of specialized niches, I focus on areas that have (high) capital appreciation and short-term rental potential.Hope this helps.