People responded by explaining that residential mortgage lenders are looking for US-based customers, who have their residence, income and assets in the States.How do they view foreign debt?

Your 3% rate likely helps you with cheap debt and without the need to chase high that normal rental rates.

Some sleep better at night with zero debt, while others love to use leverage and are willing to take on more risk.Community banks right now will go with 80% LTV.

I think what you describe is pretty much standard performance for rental properties if your not paying cash and I am just assuming your putting max debt on them to try to get your return numbers into your criteria..

Selling off underperforming assets to pay down debt and rebuild your financial foundation might give you the breathing room to reset.

Just be cautious of DTI (debt-to-income) ratios when qualifying for additional loans if you’re relying on projected STR income—most lenders require at least 12 months of rental history.

Invest and give generouslyHe's not going to advise people to invest in real estate with leverage because his audience is full of people up to their eyeballs in credit card debt, student loans, car payments, etc.

That said, there are some things to consider....The reason the other people on this thread were talking about a lease is because of your debt to income ratio.

In addition to down payment you need reserves which is 12 times or 24 multiplied by all you debt.

A tax account ensures nothing is accidentally spent elsewhere, and a marketing account makes sure lead generation is always prioritized.From a credit perspective, connecting credit cards to these accounts on autopay helps you manage spending responsibly while playing the credit game.