I dont have any experience in this market but have looked into it a little bit, I know that you can get the houses pretty cheap there but my concern was with the long term appreciation - I dont believe it is a highly desirable place to live and so there wont be much appreciation -however that is just my opinion and I really didnt look into it much,  I think it would be a cool place to live as I go to Monterrey all the time, but its hard to say. 

I’m no polished writer, and my grammar might not be perfect, but I hope to find some fun and value in posting here regularly.

Any help would be much appreciated.Thank you!

Many houses and duplexes that have been fully redone as well as some that are still owner occupied that will get redone when purchased.

I feel the padsplit model might not be that sustainable if it is that easy for the hosts to have legal troubles.

Would be interesting to hear experiences others have had..The expectation for rent being used to help build credit has slowly grown over the years.

One of the reasons why I’m bullish on real estate investing is because I am more afraid of the “what if I didn’t invest” rather than the “what if it goes wrong.”Yes, I could fail and lose everything I started with, but I’d still be farther along than if I never started at all.I’d have the knowledge, skills, and lessons that only come from taking action.Every misstep is a step forward when you’re learning and adapting.The real risk isn’t failure, it’s standing still and letting fear hold you back.Take action!!!

If you're looking to make short term use of the equity and have a private lender/investor who's willing to think outside of the box, you might be able to create a custom repo agreement. 

Can I assume reserve price will be the same 180k or do you think FM has a formula in place in which they are ok to let go at X% below their "purchase" price so as to not be left with the house on their hands ?

I see similar mobile homes being sold for wildly different prices.