The next issue the seller chose to ignore was that the hot water heater has been leaking for quite some time.

All of this leads to these hot areas costing more to get into and being less desirable to flip in.

With continued increase in interest rates, Cap rats compression will slow down in the hot premium markets. and are likely to rise in most other markets. 

LLC- From my understanding I'll be subject to the 30% tax withholding (on gross revenue) for NR aliens- Is this offset by the end of the tax year when I pay taxes?

@Jesus Ramirez Income from wholesaling is treated as active income, subject to self-employment tax in addition to regular income tax (at ordinary rates).An LLC is one option but your entity structure should be decided after a full analysis of your situation by your CPA and attorney.

There might be a problem with any deductions if you are purchasing that subject property from a Mexican person or company. 

There are lots of threads and blogs and podcasts on the subject here.

I have personally had two deals fall apart this past year due to this loan, and one of the deals was probably the best deal of the whole year in Berwyn (a hot market).  

(ie: RE attorney, Property manager)Anything else you would like to add that is relevant to the subject, by all means feel free to do so!

(ie: RE attorney, Property manager)Anything else you would like to add that is relevant to the subject, by all means feel free to do so!