I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

We have our agent and lawyer selected but are between two different lenders.

You will find people have been successful in a ton of different ways. 

Again, proving my identity is different than them keeping my ID on file.

In my opinion, there are better locations for STR investments.I beg to differ with @Mike Lambert, I don't think the "ship has sailed in Tulum". 

My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:1. would I be taxed on it? 

You will meet people from different walks of life that will give you different perspectives on real estate investing.

I have also never been in a position to have a substantially larger down payment in order to be considering a different REI strategy that house hacking. 

That could be one contractor depending on what is needed or several for different specialties like electric, plumbing, drywall, and so on.

A 5X factor difference in just 10 years.