Hello everyone,I’m new to this forum and a beginner when it comes to purchasing second properties. I’m European and my wife is American, and we’ve been considering buying a property to rent out. We don’t have everythi...

Many are focusing on placing long-term residents in properties to pay down the mortgage while leveraging a professional team for hands-free management.

Readers should seek professional advice.

If you are raising capital from people you don’t have a prior relationship with, and even people who you do, they would regard you as serious only if you had a professional prepared PPM and Operating Agreement.

It was a lot of back and forth, but they bring the value of design professionals to the table.

Start small, refine your process, and use your network to connect with local investors and seasoned professionals for guidance.Good luck!

Kind of like a cash for keyshttps://martinezlawcenter.com/new-rental-laws-in-california-...Most of the long time investors I know haven't had problems but if you get a "professional tenant" in look out and call your RE attorney.  

The extra income is not worth the disruption to our neighbors.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We also have a big demand for traveling medical professionals, etc.

If you're seeking a reliable income stream, you should definitely consider Cleveland.