Investing in Puerto Vallarta Mexico

[Cesar Navarrete]

Hi everyone, 

I'm new to Real Estate Investing but have always being attracted by the idea of cash flow, and passive income. I'm currently thinking on investing on rental properties in Puerto Vallarta, Mexico. This would be my first time investing. I looked at the prices of properties being and property taxes being lower than in the US. I'd like to see if anyone has any advice as to what kind of property would be best to invest on, what area of town and how much cash you could pull out of a vacation rental in average. I'll be traveling there soon to check it out myself, but I've read good things so far and it looks a good business. Thanks!

[Robert K.]

I purchased a condo in Puerto Vallarta. I am planning to have the money from AirBnB deposited into my US bank account as opposed to my Mexican bank account. Any pros/cons to this approach?