Or Maybe I’m looking at the logistics at the wrong angle?

Account Closed-   I recommend getting  a loan pre approval  in place for your idea - this will allow you to confirm you are approvable  plus it  will allow you to see  the  numbers and  become familair with current rates and  what  payments and  cash for  closing  look like  ......based on what you  get in place for this - you can then  begin looking at  properties to  see  what  type of properties  fit in  with the rental income and  your budget 

You can chat with several via texting before having to spend time with them on the phone or in real life to decide if they are a good fit.

Like in the US, it isn't one size fits all in Mexico.

This can make it challenging to find a property that meets your investment criteria and fits within your budget.Don't give up.

I'm wondering which is a better fit for a cost segregation.

I do like the property it seems to fit my numbers. 

Picanco is free to invest his money as he sees fit, and best of luck to him, of course.

And how does it fit into the picture of creative real estate financing?

In our practice, any property 6-units or greater in size is evaluated (cost vs benefit) for fitness to be sub-metered.Once you sub-meter the water, you can hold tenants accountable for their consumption.