Quote from @Ruben Diaz: Good evening team!

Which probably defeats the purpose of the STR loophole, making it pointless to even attempt to claim STRs on CA returns.

I was pretty leveraged with my HELOC, 401k loans, etc. but I could have been even more aggressive.I only have 12-doors though.

I got so lucky - the first 3 years, during the depths of the pandemic, I had a perfect tenant, no problems, even during the storms. 

Even though we live in earthquake country, this was a new experience for us.

You have one STR, and you want someone to bring all of the money for your second?

Even if we provide you with an answer to this question, there may be other laws you are ignorant of.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I’ve had the chance to work on some exciting projects, including flips that sold quickly and even set some neighborhood records.

OPJust borrow the money in the US and use it in Belize.