Hi Rosa,2 questions.What kind of minimum down payment is required there for apartment buildings if a buyer is a United States LLC (or does it require a Mexican IBC (International Business Corporation) to be the buyer)?

I was told they take care of everything when setting up LLC.

I have formed/created an LLC, just waiting to receive my EIN number, so I can start contacting the leads I find hoping to get them under contract. 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

the Scenario:We have an LLC, 2 long term rentals, 1 short term rental, 1 future short term rental about to undergone renovation.

This could leave you exposed if you do not own your cabin under an LLC or corp (im not a lawyer so plz don't take me on this 100%) The upside might be that your insurance could go down with the sprinklers installed. 

generally though if your doing this with other investors you dont personally know then a PPM would work.. or if its just a few say 2 or 3  then an LLC would work .

I would consider it, but living and knowing the Memphis market, the purchase location plays a big part.I see that this was posted in 2010, so I am assuming you have had many replies and probably don't have the property any longer.Tommy DouglasTDHomes4U LLC

Your business (the LLC) is still owned by you.

With the same corrupt partner, I own (in a LLC) 2 LOTs in New Orleans (50/50).