The only investments I’d do there is in short-term rentals in either Rome, Venice or Florence.

For the couple hundred in extra 'cash flow' you get by doubling a payment's term, I'd much rather be done with it sooner. 

Would I go to the current owners bank to see if they would allow a subject to loan? 

I've owned long term, short term and commercial (industrial) properties in the past, but never anything out of Province/State.Thanks so much!

Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.

Then once the 1031 is done if “legal” take a loan out an buy your new primary house.  6.  

.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

Account Closed said, income and assets are the only "hassle" with a conventional loan.

We did that for about 3 years until Jeff informed me he'd fallen behind on property taxes, and all of his lenders called the loans due.

Coastal cities might give you long-term appreciation, while places like Lakeland or Ocala can deliver better cash flow right away.