Keep in mind that a property in Spain on average costs around ~180.000.

Do they still come with high closing costs?

The costs out way the benefits especially with these higher rates. 

You should literally be talking about peanuts here, water and electric with no one using them shouldn't cost hardly anything.

The potential risk you're taking on is not worth the cost savings IMO. 

Boostly says they can get you to 65% direct booking but it costs 5k - 6k plus $95/mo. 

Do what you can to keep the cost of student loans down. 

Now I'm left wondering whether it's best to lower the price to get the property off my hands asap or to make some costly improvements that will probably neutralize any increase in value.

This is basically a possible framework for my semi retirement.  5 year plan Assumptions-My own company is building everything (except electric) and cost savings can be opportunistic on overstocks, returns etc, but my cost assumptions don’t include any savings here.

Everyone seems to talk about including the costs of the new mortgage, taxes, insurance, maintenance & capital reserves, and the vacancy projections when looking at realistic cashflow, which we already do for all the properties in our rental portfolio.But we, like many, cant find properties that are making any cashflow sense right now.