Hey @Jacob Flores I have several lenders I can get you in touch with.

My husband and I are in the process of purchasing a vacation rental property in Mexico Beach, FL.

@Hugo Flores, It sounds like you got a decent deal.

The example above is what I did with a home in northern New Mexico. 15% percent down, five year term at 5%. i decided the minimum monthly amount I wanted and we calculated the final ballpark payout from that. 

As I understand it, one person owns this house in Mexico Beach, FL, but the eight couples split the time evenly.

Some examples of regions that end up in the top 10:Fastest population growth (Jackson County, Georgia)Highest net migration rate (Horry County, South Carolina)Fastest job growth (Eddy County, New Mexico)Fastest income growth (Mineral County, West Virginia)Fastest home price growth (Grays Harbor County, Washington)Fastest rent growth (Franklin County, Massachusetts)Highest rent to price ratio (Jefferson County, Arkansas)Is this kind of data based searching worthwhile? 

I currently have 2.5 rental SFR here in New Mexico that I also manage. 2 of these were foreclosures that I was essentially much of the labor and the project manager for. 

The company that was going to operate the home could not get insurance for the business because the insurance companies have gone crazy with COVID and have increased premiums by more than 3X here in New Mexico.

Due to the costs and admin involved, the corporation is only worth it if you're planning to use it to buy several properties.Is your partner living in Cabo a legal resident in Mexico or planning to become one?

@Bryan Flores Do you have to have a lawyer file for you in that state?