Right now there are some pretty key elements that could greatly increase the power of that legacy depending on how your family decide to dispose of that property.1.

That will speed up scaling rather than just waiting for your ability to save up multiple down payments.

They don't have mass tourism but they are emerging touristic spots (Brazil has an established domestic tourism market).There is another element that makes short-term rentals very attractive in Latin America in general.

Historically low interest rates and the ability to work from home are only increasing people moving and homebuyer demand.

@Paul RyanGoing to try and answer to the best of my ability but I am not a cpa or a lawyer and can’t give legal or tax advice.Typically you are not able to offset the depreciation recapture tax.

I really do it for the lend-ability of a W-2 job (I usually buy with HM and refinance) and the educational aspect. 

You have the ability to increase the value of a larger asset that will generate more revenue and combat vacancy much better than a SFR.

any lenders here or realtors that have used any Does it harm or hinder your portfolio or ability to aquire more properties in the long run?

Bad news is that the ability to finance (with rates that my reach 8% by early next year and that is residential owner-occupied rates most likely) will now become a major consideration. 

I would personally not do a deal with anyone who has less than 1B in AUM unless I knew them personally, had the ability to take over the GP, and there was an big split for me coming in and giving a newbie a chance (90/10 LP GP split for example).c) Any other things to be careful about investing with a first time syndicateGood luck...