I would like a feedback on should I buy a home now or wait for opportunity.

Thanks,  Appreciate all the feedback.

Certainly if you pay cash for your property and possibly if not likely if you use some source of financing mentioned above, you should be cash flow positive given the much lower costs in Mexico.

There is plenty of supply so I would either pass on this or write them an offer that makes sense from your position.

Quote from @Luis Pereiro: Quote from @Jay Hinrichs: what position that's an important factor.. bare land notes generally sell for a 20 to 30% yield. 

I spend a lot of time listening to audiobooks, and a lot of those books are actually more geared towards the mind and being positive (you mentioned mans search for meaning, I just finished that).

Thank you for the indepth feedback to the original poster.

I would love to see the numbers, normally they can be tweaked in a more positive way. 

As far as financing, I have considered  1) an FHA loan with a cosigner, and 2) going off market and approaching many owners about potentially seller financing.Any and all feedback, advice, and info on potential pitfalls would be appreciated!

Let me know if you have any feedback.