After doing four other deals with REI Nation, I learned a lot and applied what I learned to help close this property quickly.

He said he's been through the wringer trying to apply for units. 

We have people that apply that we reject because they do not meet the criteria. 

@Connor Thomas see our cut & paste knowledge below:------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Ab1482 does not apply to SFR owned by an individual or couple.  

He applied for the license under his name since he lives there and I basically run the Airbnb operations.

but I’m starting to reconsider .Eating the Capital Gains will hurt a bit but we can apply the profit made towards some tax debt as well and then apply more $ to our primary condo out here and get relief of the PMI.OR do a 1031 .However, most people say an intermediary is necessary .I need to do research on how much someone charged for a 1031 .

Granted, it's applied to the gross income but, for the typical Mexican STR, the difference between gross and net income is much lower than in the US given the lower expenses in Mexico.

I have someone applying to my property, and they are here in the US on a work Visa.

The no state income tax doesn't really apply when you are comparing to other investment locations.