You can just refinance your US property with a US bank at 3%.Aside from the security aspect, it makes no sense for a private equity lender to lend at 8% in Costa Rica since they can lend in the US at much more than 8%.Finally, private equity houses will only finance big multimillion dollar deals like large hotels, not the kind of deals that Shiloh is contemplating.

@John Underwood You know what I mean right John - it's a Condo on the beach, that is mainly STRs or in a Hotel Program - great building, but I am told they don't qualify for conventional financing due to them being not primary used for "Owner Occupied" 

You will end up paying for the tenant to stay at a hotel if water heater< ac or furnace goes out. 

If you have 70% occupancy which is kind of normal range for hotels and airlines who have spent billions on revenue management..that's $1740 gross a month...what are your cost?   

If a tree falls and they need to be in a hotel for a month, it's on them.

The opportunity zones include areas where Nike, Amazon, Arizona State University and Phoenix Rising soccer club are launching major developments.They also include neighborhoods where thousands of apartments and a growing number of hotels are planned or under construction.

I would only consider being in areas that already are well stocked with bed and breakfasts as well as vacation rentals and perhaps hotels.

Inform the landlord that you maybe forced to go to a hotel and you may have to deduct it from the rent.

Other than that no hotels to speak of.  

One way to think about it could be to tokenize the properties and have the shareholders hold tokens in these properties combined with the right to use the properties that have shares in.I wonder how you would want to make sure that the numbers work. if it is just a matter of a number of people sharing the properties with each other, you could just do that on AirBnB, but if there ownership is to go farther, some more details would need to be revealed.Based on what you have described, I don;t really see an incentive for any investor to do a deal like that when staying in other countries can be done with VRBO or hotels, or AirBnB, or many other options.