Expect a custom ADU to take 9–18 months, with 3–6 months for design and permitting and 6–12 months for construction, depending on complexity and contractor availability, and the speed of processing permits.

It'll likely take a month or two assuming that the loan is with one of the large servicing companies that move at a glacial pace. 

Fix it before the next month.

Properties in the Southeast of Mexico often offer ROI upwards of 10%-15% annually, especially in short-term rentals.Key Benefits:Tourism Growth: Mexico welcomed over 40 million international visitors in the first 11 months of 2024, surpassing 2023 figures. 

- Go look carefully at the numbers and you'll see this.If you could acquire more rentals and they threw off $500 profit each/monthly, how many would you need to make a living?

I would list the property and advise the tenants you are planning to sell. if they want to stay month to month, that's fine.

Make sure you talk to a Banker or Loan officer that is well versed in both SE (Self Employed) income and also Non/QM programs.One tip I will give you as a Banker is open up a "Business Checking account" and for the next 12 months pay "Everything" out of that account. 

I think many people tend to think about the monthly payment number and not about the interest rate.

I have multiple applicants that have applied. 2 look promising but both want to wait a month to  move in.

I would take on a 50% partner at 300,000 and would include the use of my two 4 x 4 SUVsIf we did nothing else besides let the property run as it is running now, with an operator renting the property as a whole to run as a business it will cashflow >500 per month per owner.