This also makes me wonder if I should ever engage a broker when I want to sell my property in the future?

I want to expand my portfolio in São Paulo, I was wondering what cash flow and CoC ROI I should expect these days.

If amount they need your approval for is not specified already in contract, send them your pictures of how you left the house (hopefully you took extensive photos before turning it over to them, like under every sink cabinet, every bathtub etc) and ask them to have the cleaning service modify the bill as it must be a mistake, then have a frank conversation about expected maintenance costs, hourly charges and amount they need to call you first before ok’ing on your behalf.

Although it varies between hard money lenders, expect to pay something along the lines of between 10-25% of purchase price, and they will usually fund something like 100% of renovations up to 75% ARV (rest would come out of pocket).

Thanks, Amy, it's what I expected, but also unfortunate that is the case.

Have you checked expected STR numbers on the location?

What are some of your visions and goals for your near and far future?

Expect BIG attorney fees for this "protection".

To be considered a trade or business for the qualified business income deduction, all of these must be true:Your participation in the rental activity must be regular, continuous, and substantial.You conduct the rental activity with the expectation that you'll make a profit.The rental activity is conducted in the United States or Puerto Rico.Rental activities that are considered trades or businesses include:A real estate professional who materially participates in the activityA rental to a commonly owned trade or businessRental activities that aren't considered trades or businesses include:Rentals for less than fair market value (FMV)A lease agreement in which the tenant pays for real estate taxes, insurance, and maintenanceA vacation home that's rented out and also used as a personal home

Gives me more flexibility on my exit strategy in the future.