That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

@Kwanza P.I've owned property in both countries for years.When it comes to Mexico, I've shared my experience by replying to hundreds of posts on the topic on the forum.

The property isn’t worth what he paid for it. 

Congratulations on your first investment property! 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Just an idea that I'm a little surprised more out of town owners haven't done..

I am not at an attorney, but if your "tenant" stops paying, and you try to take them to court to evict them, you're not even the owner of the property.

(My market has 2.5% property tax and I am assuming 2.5% for maintenance) and a 6+% APY for an investment property.

Just google all the property management companies in your area.

It’s also easier to diversify because usually you can put in a smaller amount as a fractional owner, rather than having to purchase the whole property like in directly owned.