Second, if you don't have something to share, would someone be willing to look at some numbers and help me know if it looks like a good deal and maybe give me some questions/thoughts/concerns?

While he wasn’t successful getting the insurance companies to accept liability (initially), he pointed out to the plaintiffs attorney that (1) the owner of the condo was an LLC, not me personally, and that’ll business concerning the condo was done in the name of the LLC, and (2) the only asset of the Series of that LLC was the condo itself, so that the legal entity owned only that single asset.  

For more explanation of what they are feel free to read the many threads on Bigger Pockets concerning them.

I have not looked at apartments, but the condos I have researched have a minimum 30-day lease requirement, so be aware of that.One concern I have with short-term rentals is that they are dependent upon tourism.

Hello  @Thomas Sheehan,If your goal is to invest in an apartment where you don't have to concern yourself with maintenance and cap Ex, this deal (or perhaps another with similar rents and lower price) could make sense.The downside to deals like this is that your rents could eventually hit a ceiling as newer apartments (some with more amenities) become available.

One of the concerns would be, how long would this last until regulations catch on?

When you say the older vintage properties cash flow better I’m concerned you’re focusing in on properties  in areas that are below today’s replacement cost but in areas that cannot absorb the required capex.

I would be happy to assist with you questions and concerns about Section 8.

I dont have any experience in this market but have looked into it a little bit, I know that you can get the houses pretty cheap there but my concern was with the long term appreciation - I dont believe it is a highly desirable place to live and so there wont be much appreciation -however that is just my opinion and I really didnt look into it much,  I think it would be a cool place to live as I go to Monterrey all the time, but its hard to say. 

These are my exact questions and concerns.