I say you don't need to consider security cameras (or even trail cameras)- but you could put fake ones out or if you had wifi on site o(r wanted to go the sim card/monthly route), that's not an expensive option either.

I hadn’t considered that option 

If their home is in good/decent condition AND they are in a position to sell for top dollar, your job as a wholesaler will be tough.

We only buy performing first position.  

Another option is to consider properties that need some work but have good potential for value appreciation, as these might be less expensive and provide a better cash flow once renovated. 

Yes, this is another option.

I had a positive experience doing this last year, but it was a 1031X buyer who had owned STRs and understood the extra value.Never hurts to try, I say.....

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.