If you need financial help, ask under the "Finance, Tax, and Legal" forum.

This is not legal advice....but "practicing law" is different than representing yourself in your own affairs.

Just looking for advice on how to find the legality of it in my nearby cities.

Hi everyone,I'm looking to learn more about legal protections for rental properties as I plan to expand my real estate portfolio.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

@Blake Dials While it's not legally required to set up a separate bank account for a rental property held under your personal name, it is highly recommended for tax and financial organization purposes.

I cannot give tax or legal advice, but this is based on my understanding (recently dealt with an inherited property).

Compared to the US, the financing is different (if you need any), the legal system is different (you need to vet the parties), pre-construction works differently (if that's what you want to buy), the buyer/seller psychology is different, ...It's important that you get the needed knowledge or work with people who have it and have their interests aligned with yours.I have replied to hundreds of posts about investing in Mexico over the years so you might find some what you look for there.

Once that deadline is broken, I do not give that same renter another chance.You need to really think this through, develop a policy, and run it by an attorney to ensure it is legal and makes sense.