There is a very big difference in my point of view hearing from someone who knows someone first hand vs. someone who just goes and does some internet research. 

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

This would mean that the difference between the cash on cash return and the IRR is appreciation, which you'd receive upon sale. 

Timing will make a big difference leasing this SFH in Seattle— if possible, aim for your vacancy to hit the market ~May 15th to June 15th, maximizing time on market for a June / July lease start date— this will give you the largest tenant pool, lowest vacancy time & highest rent.

Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

I’m exploring different neighborhoods and wanted to reach out to the group for some advice.Where do you think the best areas are to invest in Dallas with this budget?

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

They remain distinct on Form 1040 with different tax treatmentOnly capital losses can offset capital gains (except for the $3,000 allowance)So even though material participation makes the loss non-passive, it's still an ordinary loss that cannot offset capital gains from stock sales on the return.The only way capital losses can become ordinary is upon the sale of your property, and that loss could offset your W2 salary.  

I'm telling you this so you don't get confused when talking to different lawyers. 

So now I have a whole different issue to deal with.