The prices for land have doubled in the past years, and are going to explode in the future, considering the current trend.If you want to invest in Mexico, my advice would be to find a place that is on a verge of growth, so you can reap the benefits of your investment quite soon. 

The population is exploding.

How do you plan to take advantage of the exploding peer-to-peer marketplace?

There's a reason that BP has exploded in growth the last couple of years: Housing has recovered (read: most opportunities are already gone for now) and people are now jumping on the investment bandwagon because their confidence in housing has returned.

Also check the tax history... if you see that the price of the house is  more than double of what it was ever sold prior to this date.... its probably not worth your time unless the market is exploded (like in seattle)  but then you are probably already too late.  

The Kelowa market has exploded in the last few years.One condo I have in Kelowna, 2 bed, 2 bath, 1300 sq. ft. was worth $185,000 in mid 2016. 

However, that is boring instead I propose you do what I did the last time and you focus on getting greedy and cheap as I purchased my best investments the last time the Sellers market exploded into a buyers market. 

Homes have exploded in size over the years.

Bought my first duplex 11 years ago when the market was about to explode, :/ i over paid for it, but Ive kept this specific property in good shape and do the necessary updates, today is cashflowing beautifully :).

In 2010, I bought three in Surprise, AZ, but that market has exploded and Phoenix as a whole is out for me, even though it still promises growth, the cash flow seems to be gone.