Originally posted by @Caleb Heimsoth:@Ellis Hammond I have a huge bias towards foreign cArs, specifically Asian made ones like Honda or Toyota.  

Checkbook LLCs do have there place in certain investments such as crypto currency, tax sales, overseas purchases and storage of precious metals, etc. 

I think the most important thing for an out of state investor is to find a reliable and trust worthy property manager.I would recommend short listing couple of property managers in the area you are targeting and you can ask the following questions:1) How many foreign investors they manage properties for?

I was just having a conversation with my wife about how common it is for foreign investors to be able to avoid paying taxes on rental property income here in the states, and she asked if American real estate investors are able to do the same in other countries.

Hello guys, thanks for your replies.I agree with all the comments regarding residential lots, but my concern was more with actual US (or foreign) investors who may not be thinking of Mexico, but only because it didn't cross their mind.

The difference this time is there is so much foreign investment because of the dollar and RE always hedges with inflation and not unemployment.

I am not trying to be negative, but realistic and aware of currency cycles.  

Well to begin with, I hope you have access to funds - as in almost all cases, there will be some type of currency exchanged to take title.

I myself would love to have a local mentor so I could learn from their mistakes and have a professional sounding board in a completely foreign field.

There are many "foreign investors" investing in America.