if you talk to other investors that flip properties the majority will tell you that they have an S-Corp or LLC with S-Corp election. 

Talk to these people in person and steer the ship in the correct direction or end up with an eviction (nobody wins).  

When we told her we hadn't, she said OK, I'll check back in with you closer to 90 days, but didn't say why she needed to talk to us at 90 days.

I'd love to talk to someone local about property out that way.

In my humble opinion, there are much better uses for $115k from an investment point of view.When it comes to crime, let me continue with my US analogies.

Yes, discounting the rent for a person for their eyes and ears on the property is worth it's wait in gold- but make sure you choose the right person, not necessarily the person that talks the most! 

PM me if you ever want to talk ABQ.

You should talk to an attorney like @Drew Fein about that one.

When you mentioned studios and 1 BR properties taking in upwards of $500k per year, I imagine you're talking pesos, not dollars.5.

@john Moore Whats the talk of a Hard Rock?