As a general rule, it seems that places that were vacation destinations before OTAs are better represented on VRBO, while mid- and large-cities tend to have more options on AirBnb.

Another option is to consider properties that need some work but have good potential for value appreciation, as these might be less expensive and provide a better cash flow once renovated. 

Good luckAt this point I have made what I believe is a fair offer, we'll see.

Yes, this is another option.

It's worth mentioning for other readers that, while it doesn't hurt, it's not necessary to be a resident or to own a Mexican corporation to buy real estate in Mexico and any non-resident can own a Mexican corporation anyway.To answer your question, depending on your strategy, you have various options, depending on your objectives:* Other beach resort towns whether in Q Roo, Baja California Sur, Puerto Vallarta - Riviera Nayarit, Mazatlan or the Oaxaca Coastline.* Inland cities like Mexico City (the capital), Guadalajara and Monterrey (the 2nd and 3rd cities who are benefiting from the onshoring/reshoring/nearshoring boom and the rise of the middle classes), San Miguel de Allende or Merida.Hope this helps otherwise feel free to reach out.

@Joseph CrawfordThe FHA and VA loans offer a lucrative field in real estate investing.

Many HELOC or second mortgages are fixed interest rates and depending on the loan amount, even offer 100% online and no appraisal requirement for issuance.

However if you are risk averse recasting the loan is a safe, secure option.

Under this method you make your one and only offer; no negotiation, if it’s not accepted you walk away.When I started in real estate investing a couple of hundred years ago, I was a proponent of the first method.  

Or maybe there's a good middle ground to shoot for instead, or even a totally different option.