Too complicated of a structure defeats both of those goals.

Foreigners can then either own through a bank trust (fideicomiso) or a Mexican corporation.I've never heard of owning Mexican property through a US LLC and that would defeat the purpose of the Mexican ownership.

Would I be able to obtain FHA financing for this deal if I moved in after the lease was up or would I be required to obtain a conventional commercial loan (which would defeat the purpose of house hacking).

That would defeat the purpose. 

@Michael Plaks yes is agree but doesn’t that defeat the purpose of being hired on as a Cpa if you’re never available to speak to?

It is funny as this argument makes me think about a quote from Mike Tyson (the boxer) who when being told how is opponent plans to defeat him he said:  " They always have a plan UNTIL THEY GET HIT IN THE MOUTH!"  

Zillow’s actions are self defeating.

That's how America defeated Germany.  

Whether or not this defeats the protection of an llc or not is debatable.  

I realize we can hire a property manager, hire people to do repairs, etc...but it seems like that defeats the purpose of a value add, as you are likely going to over-pay for these types of activities without having deep knowledge or connections in the market?