The best way to save money is to lay aside your pride. work your a$$ off, delay gratification, and think long term.

Be sure to buy it off numbers that make it a deal in any market. 

For someone with your background that has built companies, I can imagine completely handing off control in a syndication may be challenging.  

I compare leverage, insurability, taking write offs, cash flow, monthly  expenses, transportability, speed of decline in a crash, ease of unloading in a crash, forced equity improvement, things like that.

I see a lot of unnecessary risk in investing in another country.If you still want to do it, I would start off with something on the lower end that is still nice to see how it goes for a couple of years before making a major investment out of country.I would thoroughly research all expenses such as taxes insurance, permits etc.

I have never done commercial investing and I am not sure how many off-market deals like this will come along. 

@Le Yi Hey Le Yi, this might be off-topic but since you're in TX, how did you find your property manager for your rental in Fort Myers?

My favorite program has a 90-day seasoning requirement, and we often kick off the refinance around day 45-60 of ownership. 

Sometimes it takes a long time to evict a tenant for non-payment of rent and remember that not long ago (during Covid) landlords could not evict someone for non-payment if they were currently making less than they were in the previous year.Depending on your answers to the above, you may be better off keeping your real-estate transactions in two different "lanes".  

You can either STR the property, which I would recommend and block off the dates needed, or Padsplit the property.