The way it comes across is that his insurance payout escapes taxation, as long as it's below basis/purchase price. 

I disagree with some of the analysis here.

Money has to come from somewhere so where will it come from.issue will be if they increase sales tax it will be regressive tax as those who rent and don't own and have low wages will still pay more for everything.

The spring market is shaping up to be one of the busiest in recent years.

However, this is my 1st year in any form of real estate, so I am still learning and feeling my way through.

So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico?

Is this purchase on the MLS or through a turnkey company? 

Stick to the lease agreement and landlord-tenant laws—most headaches come from trying to make exceptions.

But mostly the loan, the insurance and the property taxes. 

More than likely you would need to give up around 70-80% of equity and own a minority - some deals would allows you to buy it back at a set price as well.