We decided to buy a SFH fixer that we can have some kids in. I

This emergency fund should not only cover you mortgage expenses, but will give you a safety net in case something does go wrong after your tenants move in. I

Figure our your goals first, keep it simple - Do you want to house-hack or invest out of state if the market you live in is too pricey?

The property card indicates 1,485 and has never been changed from the original state it was built in. Is

https://themortgageshop.net/in...I don't see anything on their site about STR loans... 

That is the market I would like to invest in. I

The quality of the construction in Mexico is great in general so all you need to do is avoiding to buy from those who cut corners.Interestingly, a friend and I were looking for land in Puerto Vallarta a few years back and somebody brought that piece of land where the development you bought in is going to be located.

Quote from @Erik Estrada: What states are you open to lending in? I

Purchase price: $190,000 Cash invested: $25,000 Bought this property using HML, total cash in is actually $87,000 including the down payment and lender fees.

I get your parents said no, but I feel maybe they didn't understand the full scope of that option or the financial duress you were in. I