I'd just like a sanity check on why this property isn't worth more than $410K - my agent says the foreign investors there aren't looking for cash flow, just a place to park their money since their own government is so unstable, so they don't purchase with cash flow in mind. 

The only way to be 100% safe from an unstable/violent tenants is to not own rental property in the first place. 

Perhaps not as far, or as fast, but then their government is more unstable than ours, so they need stability at least as much as we do.Having said that, we do really need to work on the trade and budget deficits.

Lease options to acquire from stable sellers and subject to for unstable ones.

I have found the buyers that provide financials, communicate well and on time, and do not have  a problem saying exactly what they want have  a high chance making to closing.The others that want to control everything, have little to no experience with a commercial transaction, and think they know it all tend to be flakes, unfocused, and a waste of time.If someone  wants to remain a mystery they can give me a 20,000 upfront non-refundable retainer for my time spent on them and if they actually close on something  if allowed in that state I would give a credit for the 20k.As a broker you just can't work with unstable buyers who will waste your time for nothing.

of mexico is very unstable (for the lack of governance/security issues.

I frown upon teenagers buying new cars and financing things just to be "cool"Currently I am renting a 1 bedroom apartment, I was planning on buying out here in the big housing boom but it is leveling off and it very unstable so I am now going to purchase back home in Ontario come november next time I go home for a visit and rent it out.If all goes well I will have 35-45 thousand cash a year in savings for downpayments on properties, I plan to move home in 3-5 years...It was the best decision I ever made in my life, Sure I work 70 hour weeks, But I wake up every morning knowing I am in absoulutly no DEBT and saving everything I can to pursue REI and become able to live off rental property cashflow.

The population is increasing and that will mean higher unemployment and higher unemployment will mean higher spending on social programs and less spending on infrastructure and activities that result in economic development.However, it could also have a positive impact on the US real estate as Chinese economy becomes unstable, Chinese people will look to invest in US for more security and real estate is one investment vehicle that Chinese people understand and love.In fact, I am working with some Chinese investors that are looking to invest in my local market to get more secure and stable returns than the volatile returns they get in China.

This was unstable from the begining as it left no balancing mechanism between the member countries.

That seems unstable to me.