While an LLC can offer liability protection and tax benefits, it’s not essential for a single property—personal liability insurance and an umbrella policy may suffice for now.

I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

they're not magic.are you going to in-person / informal meetups? 

I personally don’t see LP syndication investors as Real Estate investors.  

Have met him personally a couple times and he is just a great guy all around. 

The vast majority of contractors won't want to give bids on properties while under contract unless they have a relationship with that person from prior jobs.

Do you sell / buy real estate in Mexico personally? 

Share what you are looking for and the deals you are working on with your network in person and on social media regularly.2.