Just heard a talking head on the radio today who had moved to Phoenix bemoaning how he missed the food scene in Tucson. 

They do not just stop paying because there is a door knob loss, or a smoke detector missing a battery. 

If you got that this is FSBO in any way, you’ve missed something.

there are many properties that you can make work but if the area is not growing you are going to miss out on one of the most important money makers in Real Estate, Appreciation.  

The missing words are pretty intuitive though. 

I am looking into a deal and would like some advice and have people pick at it and let me know what I am missing in this proposed deal.I am a small real estate investor so far, I have 4 SFH rentals, 2 in Colorado where I live, and 2 in Texas.

I got hacked on facebook so no longer on it as I cant figure out how to get unhacked but I dont miss it..

Hey, I know you're looking for people with experience buying property in Mexico, which I don't have, but I did read your post and feel it was worth commenting that while you're asking a lot of great questions to protect your money, you are perhaps missing the point of an investment.

I'm looking at MFH $450k and up in the Ohio markets (Dayton, Cleveland and Columbus).Cash:- Higher CoC returns- No risk to being having negative cash flow with a loan (excluding capex)- Buying/negotiating power with speed of transaction - No interest payments- No risk of foreclosureFinanced:- Possible exponential equity growth - Growth of initial investment is leveraged ~4x and most likely beat inflation in a decent area- Mortgage interest tax deductions - Better financial efficiency from more doors- Better diversification across more properties Are there other considerations I'm missing? 

If you were able to pull out $500,000 in existing equity out of a paid off rental and disperse those funds to acquire 2, 4-unit MFR properties and had the income to support any future CapEx and the interest payments on your HELOC ( including the extra income to paydown the loan ) would there be any " gaps " or problems I'm missing in this situation where it would be a bad enough idea to not go through with acquiring more properties through a HELOC on 1 of 5 properties you own?