For curiosity I asked Co-Pilot about it and got this response:The language in your CC&Rs stating that “no business or bed and breakfast is allowed” can indeed impact the interpretation of short-term rentals, but it may not be as straightforward as it seems.Definition of Business: Courts have often ruled that short-term rentals (like those listed on platforms such as Airbnb) do not necessarily qualify as a “business” in the traditional sense.

Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me). 

If the mortgage product affects the answer, it would be a traditional investment property mortgage, not a DSCR loan.

traditional mortgage

So it wasn't a Bargain in the traditional sense.So, for Investments, a Bargain is not how much of a discount you get from similar investments.

Portfolio loans, asset-based lenders, and home equity lines of credit are all alternatives to traditional borrowing.

If you do sell and do a 1031 exchange there are a few things you could do to make your exchange as smooth as possible.The first option, If you do a traditional 1031 exchange and find a property that you really like don't hesitate to get it under contract.

I financed this deal through a private lender, allowing me flexibility and faster access to funds compared to traditional financing.

My understanding is if you live in the residence yourself for a year and a day, you can get a traditional mortgage as it’s not considered an investment.

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.