That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.

My accountant was lazy, not well informed and provided bad advice.

From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.

Accounting & Finance: What tools make bookkeeping and financial tracking seamless?

Do you know if there is a service, monthly or annual fee for opening one of these accounts? 

However, a good real estate accountant is worth what you pay them because they will save you time and money. 

I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

This way you still have 50k in your account and you have $200 coming in every month for 10 years, then 1600/mo for the following 20 years.OR you can lend me the money for 7 to 10 years at 9% and I can do the same as above!!

Accountant – Preferably a CPA.