And yes, I checked county records and the county DOES show updated data.

Meaning they went into a standalone bank account (not mixed with your other personal funds). 

Then check off all the things you need to do to buy a property and get them done (get preapproved, find an agent, contractor, etc.) 

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

Just like how Johnson & Johnson or Coca-Cola send you quarterly dividend checks, your tenants are sending you monthly "dividends" in the form of rent.

I would not necessarily advise being cash flow neutral or negative before you account for these types of things.

Sign an Assignment of Contract:      Check the terms of the contract.      

Check Reviews & Testimonials – Look for reviews on BiggerPockets, Google, BBB, and Trustpilot to see real investor experiences. 2.

Helps protect personal finances/accounting, etc. 3.

The house has appraised for $335k, my hard money note is for $242k, and I'm looking at only about $15k out once closing costs, taxes, and insurance are accounted for.