Are there any modifications to the written lease?

Bank Trust Costs (Fideicomiso – if needed)Only applies if the property is within the Restricted Zone and you're buying as an individual foreigner.Trust setup fee: ~$2,500–$3,000 USD (one-time)Annual maintenance fee: ~$500–$800 USDSome banks charge extras for:Adding co-beneficiariesInheritance clausesTitle modifications💡 Note: The fideicomiso is renewable every 50 years and 100% safe — but comes with bank compliance.📊 Let’s See a Sample: Buying a $350,000 USD Condo in TulumCost ItemEstimated AmountAcquisition Tax (3%)$10,500 USDNotary Fees (5.5%)$19,250 USDTrust Setup Fee$2,750 USDAnnual Trust Fee$600 USDTotal Closing Costs$33,100 USD approx.📌 That’s roughly 9.4% of the purchase price — but it ensures your deal is 100% legal and secure.🧠 Final Tips for Budgeting:Ask for full itemized cost estimates before sending any fundsAlways verify whether fideicomiso applies or if you're buying through a corporationNever assume that fees can be avoided — cutting corners in Mexico leads to legal headaches later💬 Final Word:Don’t be surprised by closing costs — plan for them from day one.Paying the right taxes and fees ensures your investment is protected and fully registered.Next up: We’ll cover how capital gains tax works when you sell — and how you can legally reduce it with the right paperwork and strategy.

A third option is to partner with a licensed operator who needs a property, allowing you to stay involved without managing care directly.It's important to factor in the unique costs and risks, such as modifications for safety and accessibility, additional insurance requirements, and the need to comply with healthcare regulations.

As far as other items, you can always discuss with the tenants if they will adhere to modifications and get them to sign an Amendment or Addendum depending on what the changes are.

The previous administration REQUIRED that the lender do a modification or forbearance if the borrower's loan was a VA or FHA loan.

@Dan Marl  If you don't mind the modification I would answer them that they can buy one and you will install or they can install one at their expense.

As a mindset issue for you, it's not a good tenant if they are causing damage (financial, in this case) and not making reasonable modifications to their actions.

Qualifying For A Loan Modification""Candidates for a loan modification include anyone who finds themselves unable to keep up with their mortgage payments and facing a possible foreclosure."

You probably need to use hard money lenders to finance the repairs and modifications to the property.

I had the city re-inspect the property after completing the requested modification.