With extensive experience in the construction industry and as the owner of A+ Professional Painting LLC.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Those $60-70K properties will need extensive rehab, or it's D class.

Moreover, Mexico recently has had one of the world's best economic performances, with an unemployment rate well below that of the US.

Yes Every lender is different but my lender's stance on DOS is that we don't call the loan if its performing and paid on time.

Do they perform well?

I don’t want to see you end up as a mom and pop owner with a facility that is under performing and causes a lot of headache for you.  

Generally, if you've got history of the lease performing (6+ months of pmt verification) and the lease amount is in line with the 1007, you won't have a problem finding an investor who will take this. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

It should take rare events such as Great Recession or Covid to under perform an underwriting.