Quote from @Lawrence Mitchell: @Jaycee Greene  I'm looking to obtain insight about single family homes and potentially elevate to multi-family properties.

It's land where I built condos and obtained a C/O March 2022.

If you took DIY possession, was it legally allowed because the property was abandoned, or was it illegally obtained and doesn't mean anything when it comes time to file a quiet title lawsuit.If legally abandoned, that means the owner is gone, has no intention of coming back and no intention of ever doing anything with the property.

This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.

At the time of purchase, I knew I might not want to stay indefinitely and at some point to might convert the home to a rental property.

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.

I want to obtain more properties through other loan products but unsure where to start.

The other part not said anywhere online, if you ever pay for classes in the club, you can come to class indefinitely as long as you pay your annual renewal fee. 

I’m interested in the property but trying to figure out what’s the best recourse in obtaining it.