You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

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).

I'm a foreign national.

don't know if this is still true, but at one time foreigners could not outright purchase property in Mexico within 100 miles of the coast. 

You’ll pay more for tax prep, more for record keeping, more for financing but what will you get?

You are now a foreign entity doing business in CA since YOU run the business from there so Cali wants their $800 either way.So whether you need a REI tax pro is all open to interpretation.

If so, have you looked into the tax consequences of holding real property within an S-corp? 

In many countries foreign investors buying rentals can't get loans or loans at all. 

For "Foreign Borrowers" your loans are very limited. 

@Carlos RodriguezWe have partners who are foreign investors.