Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP. 

Private money brokers can add value by thoroughly vetting lending opportunities and prioritizing client success over commissions.Stay Vigilant:Protect yourself and your clients by remaining vigilant and conducting comprehensive due diligence in all lending activities.

But do look at the shiny penny and spend big sums of money to learn.

In terms of finding a partner, I would recommend partnering with someone who has something that you don't have (understands renovations, real estate experience, has money, etc.)

No matter the number of units, there is one roof, one property tax bill, one sewer line, one gardener bill, etc. 3.

You could look into forming a C Corp as an alternative way to own this property that could affect your tax returns differently, I am not a CPA or giving tax advise.

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

You get money at closing and then you refinance when rates go down.Anyone done this before?

For me, it has to be a data-driven decision: what is your current NOI, what would be if you replaced the boiler, how much will it cost, and how long will it take to get your money back...If the area and marketing don't warrant central air, I would NOT do conensors right away and just focus on the forced air.