They always make sure to have line(s) of credit to get them through challenging periods.

I do mid term rentals during my STR dead season(3 month period) and the furniture gets beat up.

I would think a garden and parking are an attractive draw in peniche, especially in the high season. 2.Adding value – To be determined amount of renovation/redecoration work is required on the property since it has been sitting empty for 4 years and hasn't been updated in decades.

be very wary of ATM deals.Any updates on this one from anyone who's invested?

You can go the one property route but I think doing an agreement period is much more motivating for the agent (and will save you time, hassle, etc)

Your issue more so is the seasoning period for the refinance is what it sounds like.

Here's the bottom line - you won't cash flow, period, for YEARS. 

That could involve mediation or court, OR possibly if nobody takes an action you may simply be awarded the EMD back after a certain time period.

Either way, we’ll know in a week, and I’ll keep this forum updated.

Good luck, and keep us updated!