Income Property in Mexico?

Hey! I’m a Phoenix resident looking to invest in an income generating property in Mexico. I’m looking in two different areas: La Paz (wife’s family has a long history vacationing there) and Rocky Point (Puerto Penasco) which is an easy 4 hour drive from our home. I’m comfortable spending up to $400k and condos with amenities would be ideal. Does anyone have experience owning property in Mexico? What should I be thinking about before I make a purchase?