That's subjective and depends on liquidity, risk tolerance, strategy and many other factors.

Liquidity is really important in the current environment.

Most Costa Rican mortgage loans require %50 down which we have the cash for but we don't want to tie up that much of our liquid assets in one property as we intend to buy a 2nd property in the next year or so.

So if you don't have liquid cash available for it, you can try finding a partner who can JV with you on the deal or find a gap funder. 

Next some will liquidate.

Understand the liquidity of the market and how easy it will be to sell the property if needed.- Rental Yields and Occupancy Rates: Research the expected rental yields and occupancy rates in the area to understand the potential return on investment. 

You want to stay liquid, although 7.25% rate is higher than i'd like to carry, but with the way things are going right now.

right exactly spot on here with the DSCR, the biggest downside is putting a higher down % payment, and utilizing more liquid funds that can go towards renovations or other investments.

I benefit from step up inheritance laws, so almost no capital gains tax if I sell, I do like the idea of liquidating and putting it into a larger property or multifamily, I do worry about the amount of time hands on, which I need to be s minimal as possible.Thanks!

I tried the same with Fidelity several years ago, however they insisted that I keep 7 figures in brokerage (outside of private equity), so we didn't stick around long... in fact Im all but liquidated there myself.