In Mexico, as you know, when you rent to visitors, you generally don't do LTR.

@Edward SegaarBigger Pockets is a great place to find a real estate accountant. 

Welcome to Bigger Pockets.

@Chris Kittle make sure you understand the Class of the property, so you can use appropriate vacancy + tenant nonperformance percentages.We recommend:Class A 5%Class B 10%Class C 20%Of course, we base this on our Metro Detroit market, so you may want to validate for the market for this property.

There are benefits to using the LLC, holding company, or trust, but they all come with costs and add complexity to your life that is often unwarranted.

Would love to connect

It is solid to look at deals that are off-market and know that the ability to buy it at a price and either hold it or sell it will be coming with less competition on the purchase and more upside.  

Hi Ali, welcome to the community! 

So, I'm wondering if it's the 2-T that you are using or a different contract.

This is what I would be doing and disclosing to the people looking to sue.