If I'm getting $1300 cash back at closing, doesn't that easily cover the $48 loss based on 50% expenses?

But to be honest the US is not much better we seem to have rampant corruption in gov. with Nationalisation in the form of prescribed public easements and other forms of eminent domain "takings"As for the people of Mexico poverty is easily found thus the lower cost of living as well as many luxuries and securities we take for granted in the US.

Trouble is that open systems with race track shaped pools get contaminated easily with non-productive algea, and closed systems are expensive.

Mostly because you can not easily do the work on your own when a property is some distance away.

Given the Internet and other things a trader can easily set up on their own if they have the cash.

It depends on how much time you want to spend...As for surveying out of state tenants to check on the PM, this can easily backfire.

Capital One and other credit card companies will give you a line of credit fo up to $100K very easily.

If they have equity then they can more easily consider holding paper compared to if they have no equity in the property.

Sure, it costs you 'interest,' but that is easily something you can just decide is the cost of doing business.

the property is a convenience store / shell station.the land is about 1/2 acre with about 100ft of frontage on a very busy highway.we currently pay $4,300 a month for the lease, which we can easily afford and still pull a very good income.