Hi,I used to have really great credit (high 700s, maybe even 800 at one point) but it screwed up because my business lost a ton of money around covid.

Prices are pretty high in St.

Water drains?

Seems a bit high. 

Anything more will be high in fees

My goal here was to replace all major components and renovate to a premium level finish in order to charge market rent.By installing high quality finishes, I am setting this property up to be a low maintenance long term hold 📈What kind of renovation costs are you currently spending on your properties?

I see that choice as high risk.  

So lots of experience both good and bad.from my point of view seller carry back IE seller owns the property free and clear and wish's to owner finance.. this can be pretty safe in some states high risk in others.. whats the difference the difference is foreclosure time lines.

The STR has high-traffic, people in and out every week, and the MTR doesn't have that high traffic but its about 180 miles away and I don't want any  issues when it sits empty for a week or two. 

An incredible infrastructure of subway, speedways and high speed trains to the rest of the country had help as well.If interested in investing in Madrid, I will be happy to meet and give specific tips and be your host in Real Estate subjects.RegardsDiego Martínez León