She is very old school, she mentioned that the seller would only contribute to the “traditional” closing costs, around 2k 

It’s a way to make money without doing as much work as traditional flipping.

If you do sell and do a 1031 exchange there are a few things you could do to make your exchange as smooth as possible.The first option, If you do a traditional 1031 exchange and find a property that you really like don't hesitate to get it under contract.

So it wasn't a Bargain in the traditional sense.So, for Investments, a Bargain is not how much of a discount you get from similar investments.

Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me). 

If the mortgage product affects the answer, it would be a traditional investment property mortgage, not a DSCR loan.

Portfolio loans, asset-based lenders, and home equity lines of credit are all alternatives to traditional borrowing.

traditional mortgage

The other is a non-traditional offering (higher risk and ideally higher return that even with some large issues seems likely to hit the high returns and is very frank about the problems they have encountered).  

First off, you should know that getting a loan as a foreigner in Mexico is quite difficult—most traditional lending options aren’t available, so you’ll likely have to explore alternative financing or fund the construction yourself.When it comes to managing the property as a short-term rental, you'll need to decide whether you want to open a small company in Mexico.