Try a portfolio lender maybe since you’re established they lend 90% LTV do you can maximize leverage.

Originally posted by @Harry Gamble:@Brandt Baize I would want to know why the seller is selling.

They don't have mass tourism but they are emerging touristic spots (Brazil has an established domestic tourism market).There is another element that makes short-term rentals very attractive in Latin America in general.

I think that option is suited for those who have a process established, willing to train the VA, willing to manger the VA, and don't want to hire a PM and have the properties managed PM's way. 

After you’ve gotten established in your business consider building relationships with international offices and consider attending a conference for housing directors.

If you just blindly establish a LLC, thinking it's serving a "purpose" because hearsay but it's actually not, then you are just throwing time and money down the drain for no reason. 

The two questions might be answered with one "Wait 6 months to establish the income from the lease and then do a cash out refinance as long as your cash flow from the property is still positive with the new mortgage payment."

Find a reputable and established one. 

I would like to establish long term partnership. 

I do find the blockchain technology extremely useful for some applications and has benefits but "investing" in virtual real estate is more like gambling if you ask me.