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

Doing your own general construction for a rehab project can have several advantages but can be very costly attempting  without having knowledge and experience.1.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

In my personal opinion, MF is so competitive and I have be focusing solely in hotels so I feel it is a strong asset class.  

My yearly cost to run my STR is $30k and I've been bringing in $100k for the last 2 years.

Instead, they base rent estimates on the current competition.

For preferred jumbo investor lending programs check in with @Joseph Chiofalo to help with baseline structuring and a Pre Approval vs PreQual which has helped several of my luxury buyers win competitive offerings.

I was wondering if the tax benefits outweighed the upfront cost, but it doesn't appear to be so.

The assets are old, need work constantly, the cost of living is high, and there is no job growth.I wouldn't solely focus on cash flow.

Too many investors are looking for a market and ignoring where they may have a competitive advantage.