Yes, this is another option.

It's worth mentioning for other readers that, while it doesn't hurt, it's not necessary to be a resident or to own a Mexican corporation to buy real estate in Mexico and any non-resident can own a Mexican corporation anyway.To answer your question, depending on your strategy, you have various options, depending on your objectives:* Other beach resort towns whether in Q Roo, Baja California Sur, Puerto Vallarta - Riviera Nayarit, Mazatlan or the Oaxaca Coastline.* Inland cities like Mexico City (the capital), Guadalajara and Monterrey (the 2nd and 3rd cities who are benefiting from the onshoring/reshoring/nearshoring boom and the rise of the middle classes), San Miguel de Allende or Merida.Hope this helps otherwise feel free to reach out.

Doing a quick Google search for lumber yards you seem to have a few options in Indianapolis.That's how I recently found a drywall guy - I called a drywall supply place (thinking they were contractors) and asked them to give me a bid.  

However if you are risk averse recasting the loan is a safe, secure option.

@Joe Hammel would you mind me asking how you are sourcing your deals?

As such, one of the biggest drivers of mortgage rates are other options investors have for returns.

I use his calculators constantly, and his advice has helped me get a deeper understanding of sourcing contractors, building out systems, analyzing deals, development, etc.

Or maybe there's a good middle ground to shoot for instead, or even a totally different option.

I can't speak to options available to you but one thing came to mind when reading through your post ... 

What was your other option - self-managing it?