@Jeff Klein, with DSTs there are legal restrictions on putting additional money into them.

.• HOA & Leasing Rules: New communities often come with HOA restrictions – make sure there aren’t limits on renting or lease terms.• Cash Flow vs.

If you are renting rooms you want to cover visitors ect. sometimes people restrict visitors in units but I only use the normal clause in my long term lease of permission for more than 10 days/month.

If your group mixes 1031 buyers and cash buyers, align the tax and timing goals at the outset; otherwise exit timing can turn into a recurring argument.The recurring risks in TICs are partition actions, transfer friction when someone wants out, and lender restrictions that make ownership changes cumbersome.

The STR market is a killer with over saturation and many areas enacting restrictions so we never even look at that as an option. 

You will be best served on the outskirts of Nashville as city limits will have more restrictions on this sort of project and also less of the vibe you're trying to achieve. 

I suggest avoiding Tacoma, they have the most restrictions (even more that Seattle).

Are they put on restriction or banned? 

-Mexico citizen, born and raised in Colorado, and over the past few years I’ve been actively investing in Mexican real estate — mostly in presale condos and long-term or vacation rental markets like Guadalajara, Cancún, and Lake Chapala.I originally started by looking for affordable, well-located properties for personal use, but as I dug deeper, I realized there were real opportunities for long-term appreciation, rental income, and geographic diversification — often with as little as $20–30k down.The process isn’t as complicated as people think, but there are definitely key things to understand, including:How foreigners can legally own property in Mexico (especially in restricted zones like the coast),How presale contracts and developer relationships work,What kinds of rental strategies are viable in different markets (Airbnb, mid-term, or traditional long-term),Currency and exchange rate considerations, title safety, and banking between the U.S. and Mexico.One major advantage of presale in Mexico is that many developers offer in-house, interest-free financing during construction, allowing buyers to spread out payments over 24–36 months — without involving a bank or mortgage process.

Make sure to check out local laws to see if STRs are allowed and if they have restrictions (like they can only operate 180 days/year or you can only have one STR).