Once you know who in your circle has $ to invest, you then need to understand their risk to reward level so you know what deals fit their bucket.

And following this convoluted rabbit hole calculate what kind of property you would need to exceed the profit level you have right now. 

Many Thanks Josh Gilmore, I will not trust.

And the top tier agents have their ego at the deal level.

And partner with people you trust & have done it here in Kyle before - by far the most important tip I can give.

Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

Landlord Locks iCore series locks provide this at an affordable price and with commercial level security.

And the reason why your "tale of two halves" will play out as you described.Demand:  This has actually been high almost all along, but rent growth hasn't materialized in response due to high levels of new supply. 

That just adds a level of complexity to everything.I think there is so much opportunity in the US, that why would you try to complicate everything x10, but investing in someplace like Spain.