I have other assets in Canada but I looking at bringing everything here when the exchange rate is better.

Once you start processing the credit/criminal, the money is spent, and you can't get it back.

Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.

Eviction History: No prior evictions are permitted.Requirements to consider: Background and Credit Check: A clear background and credit check is required.

With a fideicomiso, the gross income is taxed through a withholding tax whereas, with the corporation, the rate, you can deduct expenses but the taxation rate is higher.

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

Most local banks and credit unions will have free accounts.You need two accounts: checking and savings. 

Plus, there are upfront costs to consider, like furnishing your condo and any expenses tied to managing it as a rental.As for refinancing, it might not be the right time with interest rates where they are.

However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.