For the past year I have been looking for a place to buy as an income/airbnb to buy in Mexico and have inquired about Playa del Carmen and Tulum and keep coming back to Tulum as it seems like it has the potential for growth with airport coming and simply more infrastructure.

I think >50% chance US will be in mild recession in 6-10 months, as Germany/UK/Canada/New Zealand/Ireland/Finland already in recession due to they have 3-5 yr variable/adjustable mortgages and corporates also do short term debt, so their central bank Hikes hit them faster than US.

Here is my understanding... the underwriter was a hard money lender who required the house to be put into an LLC initially so that he could use the estimated "rental" income as the way to get approved for the loan.

It probably doesn't include income from the 5th or 6th unit if it's supposed to be a loan for 4 units right?

For flipping my accountant recommended an S-Corp (flipping income is handled differently and so is insurance).

Maybe they mean your net, net income? 

Could the rental income justify the price?

I offer them a lump sum and monthly income.  

They’re currently paying way below market rent and are on a fixed income(social security).

I am starting from ground zero, with no prior background or capital to invest, but with a strong desire to create passive income for my family.I currently work as a middle school teacher in California, and while I love my profession, I have a strong desire to explore avenues that could potentially provide financial stability and additional income streams.