ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels;  only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said;  there is a small movement supporting rent by the room as a small step toward solving affordable housing. 

I made the layout more user friendly, added a whole wall of closets in the main bedroom, totally gutted kitchen and bath.

We mainly own SFR and do LTR but last year we added our first STR and its been a great experience.

To make the job flow easier, but also (mainly) to protect myself if a customer changed their mind later ( which was common).

My main concern is whether it's hard to meet their criteria for properties and secure funding.

I’m mainly concerned about the rate change happening without prior notice, especially since both loans started and are closing on the same day.I’m scheduled to sign tomorrow and close on Friday.

As you know, I'm probably the main proponent of the great investment opportunities Mexico offers on this site and I will help and support anyone who wants to take advantage of these great opportunities.

As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.

The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.