.- be able to modify the parameters of each room (Bigger rooms bring in more income, smaller rooms dont. 

It’s a debated call — and it doesn’t always play out the same.Lately, we’ve sold a few modified loans, and just heard back from three buyers: The borrowers paid them off in full.That’s a win for them… and for us.They got a solid return.

Here's the sequence we typically follow:​🏗️ Interior Rehab SequencePre-Closing PreparationScope of Work: Conduct a thorough walkthrough to identify structural issues, outdated systems, and cosmetic updates needed.Budgeting: Develop a detailed budget, including a contingency for unforeseen expenses.Permits: Obtain necessary permits to avoid delays.​DemolitionSelective Removal: Remove outdated or damaged materials while preserving elements that can be reused.Site Preparation: Ensure the site is clean and safe for the upcoming work.​Structural Repairs & FramingFoundation & Framing: Address any foundational issues and modify framing as needed for new layouts.Inspections: Schedule inspections to ensure compliance with building codes.​Mechanical, Electrical, and Plumbing (MEP) Rough-InsSystems Installation: Install or update HVAC, electrical wiring, and plumbing systems.Inspections: Conduct rough-in inspections before proceeding.​Insulation & DrywallInsulation: Install insulation to meet energy codes and improve efficiency.Drywall: Hang, tape, and finish drywall, preparing surfaces for painting.​Interior FinishesPainting: Apply primer and paint to walls and ceilings.Flooring: Install flooring materials, ensuring they are protected during subsequent work.Trim & Millwork: Add baseboards, crown molding, and other decorative elements.​Cabinetry & FixturesCabinets: Install kitchen and bathroom cabinets.Fixtures: Mount sinks, faucets, lighting fixtures, and hardware.​Appliances & Final TouchesAppliances: Install kitchen appliances and test for proper operation.Final Inspection: Conduct a thorough walkthrough to address any punch list items.​⏱️ Timeline & Efficiency TipsProject Duration: Aim for a 3–4 month timeline, adjusting based on project scope.Scheduling: Use project management tools to coordinate trades and avoid downtime.Communication: Maintain clear communication with contractors and suppliers to ensure timely deliveries and work completion.​📋 Tools & ResourcesProject Management: Utilize software like Trello or Asana to track progress and tasks.Checklists: Develop standardized checklists for each phase to ensure consistency across projects.Budget Tracking: Use spreadsheets or financial software to monitor expenses and stay within budget.​

At most you just need to submit building permits to build/modify whatever is needed for a commercial tenant to use the site. 

The previous owner had a signed lease with the following agreement of:1“In the event of a foreclosure, sale, or transfer of Premises…This lease shall remain in full force and effect, and Tenant’s rights and obligations hereunder shall not be disturbed or modified, except as provided in this Lease.”I want to know if it possible to modify/change these terms?

This allowance applies only if the taxpayer actively participates in the rental activity and has a modified adjusted gross income of $100,000 or less, with the benefit phasing out completely at $150,000.

If I refinance in the future, will I need to modify my ownership structure?

Wave is a cloud platform that is not as detailed, but can be modified easily, and the basic version is free.   

Try not to modify or tweak your buy-box too much on behalf of what fits for the lender, but find lender(s) that can come alongside what you are doing and help make it happen quickly and efficiently.If you are investing in OH, I would be conscious of minimum loan amounts and how they feel about 'rural' areas.

The answer is through a fideicomiso, also known as a bank trust, a legal structure created specifically to allow foreign investment in coastal and border areas like Tulum, Playa del Carmen, Los Cabos, and Puerto Vallarta, while still protecting Mexican sovereignty.Here’s how it works:The legal title to the property is held by a Mexican bank authorized by the government.The foreign buyer becomes the sole beneficiary of the trust, with full control over the property.The fideicomiso lasts for 50 years and is renewable indefinitely.As the beneficiary, you have the legal right to:✅ Use the property✅ Rent it out (including platforms like Airbnb)✅ Renovate or modify it✅ Sell it✅ Pass it on to your heirsIt’s important to understand that the fideicomiso is not a restriction — it’s a legally solid and recognized structure that gives you the same rights and protections as any Mexican citizen, when executed properly and with professional guidance.Thanks to this system, thousands of foreign investors have safely and confidently acquired properties in high-demand locations, generating strong returns and lifestyle benefits.But what if the property you’re interested in is outside the restricted zone?