There are no laws, rules or regulations preventing any foreigner, American or otherwise, to buy property in CDMX or Mexico for that matter.If, by having success, you mean getting a profitable investment, I'm sure many American and other investors got that over the last few years (I personally haven't since I've focused my efforts on Mexico's beach markets, which are far better in my opinion.

It has a ton of pools and is walking distance of several other locations on the beach.

On a different thought (not based on any development) is imperial beach.

Ironically, in line with your interest in Galveston, I am about halfway through constructing a beach home there (Beachside Village), which I plan to use as an STR / vacation rental.

My understanding is that Brian Burke sold his portfolio by 2021, and has by and large sat on the beach twiddling his thumbs and working on his tan for the last three years.

More economical purchase prices in Grover Beach and Oceano, but also less revenue, and also not sure about the regs. 

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

Any thoughts or does anyone here have investments in Myrtle Beach?

Biloxi mostly, trying to stay south of I-10, but the northside is getting interesting.Long Beach, BayStLou, Pass Christian, but mostly Biloxi - nothing in Gulfport.Pascagoula and Gautier are calling me, but not yet.. staying west of 110 and south of 1-10 so far.

Has anyone ever left a golf cart at their vacation rental for people to use to get to the beach?