I'd say visitors do usually use more power than you'd think but that does seem somewhat high.

I agree with Nathan (don't forget to price running extra water, sewer and electrical lines).  

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?

They also know about real estate so less likely to charge you extra fees to get an appraisal or BPO because they can estimate the value themselves.

When the top ones can't/won't do the deal, Backflip usually will and they are super fast and easy. 

Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.

Usually prospective tenants that agents bring to showings will be more qualified to rent in my experience.

A few other things I'm considering;- I don't need the extra cash flow to live and am just approaching it to remove the high mortgage interest, but also hedge risk that the current stocks might tank in a few years.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

I actually like them because the homeowners' association (HOA) usually covers most of the insurance, and there is very little maintenance required.

they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..