Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

The collateral makes a difference.2. 

These numbers show just how different things can look depending on the region.Meanwhile, the existing-home market is feeling the strain.

If I had stayed at UNT I would likely have majored in real estate and gone down a different path.

Each state might have different process.  

Might just be time to sell it all to get in a better position and take what we learned along the way to do things differently next time.

One difference was to have two properties appreciating (though at very different rates as they were in different areas) instead of 1.

You rarely will get both (at least not right now in this current market).If you want to explore different opportunities within various areas of the Valley, get a seasoned investor-friendly Realtor who is competent. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Reach out if you would like to compare options or revenue potential for different homes and communities.