@John Fields if seller will agree to escrow agreement of 2x the estimated repair costs in escrow and state clearly how you access those funds, that may work if your lender allows.

Every extortion attempt I have experienced in Baja has happened North of Ensenada.Beyond Ensenada are cool things like wineries (I do not drink wine), La Bufadora and its blow hole, great little fishing villages, Gurerro Negro and Scammons Lagoon (best whale watching on earth), San Pedro Martir (least visited forest region within a day of San Diego and has the twin Picacho del Diablo peaks and the national observatory), numerous Missions in various degrees of condition, hot springs, party towns (San Felipe), surf towns, snorkel/diving (anywhere in Sea of Cortex in Baja Sur), Sand Dunes (Baja races), etc.My worse theft south of Ensenada has been some bottled water.So the question is why Rosarito? 

Lots of investors and related fields attend. 

I previously had a self directed IRA with Entrust and had numerous issues mostly related to the time it takes then to process requests, which can potentially cause you to lose out on deals. 

There are numerous lenders who could get this deal done, assuming the financials check out, if they are already built and have tenants occupying them.

No they did not but I've only put out numerous email inquiries;however, the answer from ALL has either been No or we don't do HELOC at all.Regarding your comment on the proposed solution, I'm not sure i follow.

I told the PM numerous times verbally and in emails “It has a sprinkler system.

Another of the mine fields that we must negotiate at every sale for every property.Feel free to contact me in a PM to learn more.

I basically group the business into 2 segments, administrative tasks (pricing, marketing, guest communications) and field tasks (cleaning/maintenance).Part of being a successful operator of anything, you have to know your strengths and weaknesses. 

Hey James, Congratulations on your recent graduation from ASU and your entry into the real estate field!