Quote from @Stephanie Medellin: I'm not sure how the lender would trick the borrower by using the forms - they wouldn't typically see the loan documents until the very end of the process, at closing, which should be handled by a title company or closing attorney depending on the state. 

Quote from @Stephanie Medellin: @Sam Leon  It's pretty straightforward and virtually all lenders follow the same guidelines - even hard money or investment purpose loans. 

@Stephanie Medellin, thanks.

Perfect answer @Stephanie Medellin

Quote from @Stephanie Medellin: How is the depreciation reported on your tax returns? 

@Roseanna Medellin Look up Alan Ceshkar, attorney in Austin.... he's very approachable and good at getting stuff like this cleared quickly (if there's a way).

I want to study renting apartment opportunities in Medellin.

While working in a hostel in Medellin, Colombia I met a fellow Bigger Pockets member who told me about the site and I have been hooked since!

Beware that there are some STR regulations in Medellin, one of the most popular cities and they are enforced; there are ways to go around them.As a pure investor, I'd forget the other countries in the region you mentioned.

They are based in Medellin and help foreigners invest in properties in Colombia.