Make sure you check the local ordinances / zoning and talk to the local administrator to see if you can do what you are planning.

The option is slowly opening up for foreigners, but some restrictions still exist.Now, the fideicomiso has an administration fee that must be paid annually, regardless of whether the foreigner applies for a loan or not.

I am passionate about helping investors build life-changing wealth through scalable portfolios.Background:Currently pursuing a Doctorate in Business Administration, I is fluent in Spanish and have spent a decade in nonprofit work and overseas missions.

What's the best way to navigate this situation regarding the application process as well as the lease administration?

Hi Pat, I would suggest seeking work through a Brokerage as an administrative assistant. 

Next: questioning "IF" administration will do as it's promised is ridiculous. 

Whats making you think rates wont go down after a couple years given the new administration in charge?

You will spend lots of time checking the quality of their work, from TAXES, to the most mundane administrative work of Registered Agent services.

County, State and Federal rights supersede the craziness that some random liberal city council & Obama impersonator try to pull. 

As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone  mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.