So, while some areas need to wait until the rent can be increased to justify the purchase...and eventually cashflow, I'm cash flowing (i.e....ahead with respect to cash...my cash) from the beginning and raisingthe rent is a luxury...which I can still do.

Luxury cars, etc.

Landlords should know better than to exercise that luxury.  

Had a guy do this on a friend's luxury home that was headed to foreclosure.

At least in a living/lodging situation, like a renter. 

I know the ideal is always for all to put 20% down, but I never had that luxury. 

Getting into Airbnb arbitrage can be a little tricky and can cost a large lump sum when getting started especially if you are dealing with furnishing luxury apartments/condos. 

On the one hand, you have the market for properties with a Western-style level of luxury in which properties generally trade in US dollars and the main buyers are wealthy Mexican and foreigners.

I think being able to resell buy and holds is an added luxury in most cases if you are in a growing market.

Sorry in advance that this is long.Background:  I purchased a lodge type custom home in the Ozarks Mtns (Missouri) on 25 acres of pristine woods - we moved from the west coast to semi-retire.