What I think you'll need to find out from lenders/banks/credit unions is how much historical timeline they'll need to review to support the valuation/income.

Cost Advantage: Property prices in Mexico can be 40%-50% lower than comparable investments in the U.S. or Canada.High Occupancy Rates: The average rental occupancy rate in Tulum is 70%-80%, driven by year-round tourism.Economic Stability: Mexico's economy grew 3.1% in 2023, with a robust real estate sector supported by foreign investment.Infrastructure Investments: Developments like the Maya Train and new airports enhance connectivity, boosting property value.Feel free to reach out if you'd like more information on how to invest in Mexico, benefits and insights in general!

The loan you have with them will not support an LLC, so there is no documenation to give you.

But after nearly three months with no full payment, I feel like I need to take action.I recently told the wife (who I know works hard to support the family):“The last thing I want to do is evict you and leave you stranded, as that will stay on your record forever.

Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.

Determine if the area can support new construction.

Have you tried reaching out to Stessa’s support team?

Networking with other investors can provide valuable insights and support, helping you to navigate the often complex landscape of real estate investment.Remember to factor in potential risks and have a contingency plan in place.

I had scraped and struggled along until then and I was just exhausted from the transient nature of the “gigs” I used to support myself up until that point .

It would be great to connect with like-minded individuals and support each other in our real estate endeavors.