Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

For instance, the SEC doesn't define income or net worth for non-accredited like they do for accredited. 

If you're looking for steady rental income, Cleveland could be a solid choice.

It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities. 

I would slow down and think about your BUDGET, what you can get for $30k, and how you can increase your income.

Rent: Stabilizing the Property for Cash FlowOnce the property is rehabbed, the next step is to find tenants and begin generating rental income.

One time I had to use my knowledge and testing practices after a job, and that was because it was a HUD inspired low income grant job for a homeowner.

i wish i had better news for you but it's probably not feasible in the short term to replace your W2 income with rental income. 

  :)  Thank you in advance.Jarrod  I ended up doing a STR under 7 days to offset my W2 income. 

We host a free real estate meetup the first saturday of every month if you are interested in coming and meet some awesome real estate investors who are looking to do their first deal to savy seasoned investors.