No system is perfect, so don't waste your time chasing after the next shiny object.

Quite honestly with those objectives I think your best path is long term rentals not short term rentals.  

The structure that you outline could cause all sorts of exit strategy problems depending upon your business plan, exit strategy and goals and objectives.  

Whatever objection my partner and I came up with, he had it resolved.

Our main objective is to purchase the new property without having to stretch ourselves super thin with a 25% down payment. 

There are two hazards here:1) shiny object syndrome where you are jumping from niche to niche. 2) people use the need to obtain more knowledge as an excuse.

Reach out and let's discuss your investment objectives and I will help point you in the right direction at the very least. 

If you are buying your PRIMARY home then delayed financing should be avoided at all costs....unless money is not an object to you. 

Now that said it (to me) is a bit unusual way to set up the HOA for this type of development since often the objective is to reduce the HOA responsibility for items that could instead be individually maintained. 

Especially in a new business environment.We are investing in Belize, with a few different investment objectives; thus we have had to go through the analysis also.Ecuador:a.