I had one sub that had to deal with family issues back in mexico and went ice cold for 6 weeks.

I have two rental property investments. 1 SFH in San Diego purchased in 2010 for 900k, currently valued at 1.4m, generating $5,500 in rent a month. 1 SFH (+ guest house) STR / Airbnb in Cabo Mexico purchased in 2016 for 800k, fully furnished / renovated for 150k, and now generating about $10k per month in revenue and valued at 1.4m+.Having a high paying corporate job and choosing to live very frugally I made the decision to pay off the 4.75% fixed rate loan on the San Diego property and used a large portion of my savings to pay cash for the Mexico property.

Thanks :-) I don't know specifically what programs exist in New Mexico, but in California by the time you are done lowering your rate/fees/etc, enough to compete with down payment assistance programs (2nd mortgage interest rate 0%, monthly payment $0), there will not be a lot of profit left for you.

More success in New Mexico!  

I used this often between Mexico/US years ago before the tech became more comment place.

Also trade business with Mexico is stong there.

Sorry if it's a bit long.I'm stuck between 4 scenarios and hoping you can help me figure out a smart choice.Backstory: Wife and I were sailing our boat to Mexico when my Mom got sick. 

I see the current cd rates are around 8.25% in Mexico.

.- unit is closest to beach, but also closest to Gulf of Mexico Dr. roadnoise that is busy during high season.Thank you for any input and endurring this short novel.

I've been very happy with the condos I have owned and still own in Cancun Mexico as far as a rental goes.