I'm looking at home equity loans for another rental property we own currently.More than likely, we'll have to put the property back on the market and find some cash to cover the difference between current construction draws and sale price.It's an expensive mistake - but we'll be back again to fight another day. 

There are no laws, rules or regulations preventing any foreigner, American or otherwise, to buy property in CDMX or Mexico for that matter.If, by having success, you mean getting a profitable investment, I'm sure many American and other investors got that over the last few years (I personally haven't since I've focused my efforts on Mexico's beach markets, which are far better in my opinion.

Main things we are looking for are:1) Are residents keeping property in decent shape2) Any leaks or issues that could lead to substantial damage3) Any capital repair concerns (mostly foundation) that we might need to address4) Long term guests who aren't on the lease, pets who they're not supposed to have, etc.We also change the furnace filters (because we don't trust them to do that), clean off the AC units and are considering cleaning the gutters for an added fee if tenants request it. 

prior to rent control, I got rid of my poor tenants by raising their rents above market rent.  

3 quality tenants in place paying just shy of fair market value. 1 vacant turnkey unit. 

I love this market for its cash flow potential.

Is there any feedback on the Flint, Michigan market?

I'm new to the real estate investment world, and I have a desire to learn more about the best practices in the market.

Run sales and rental comps to provide a market analysis on the property 3.

Thank you,Devin In this market, a realtor could be crucial.