If you expect a large tax balance this is why people rush to get it into services ASAPEdit: To also add if the taxpayer qualifies for the "STR loophole" as some call it, even if they don't have much rental income, they could use the losses produced by that STR to offset other income.

Yes, there are nightmare stories but the majority of investors don't have problems - the ones who bought going way back to the 1970's and 80s and those that got deals in 2008 (and didn't sell in panic and have to foreclose) have achieved incredible appreciation and wealth.

It consistently achieves 95-100% occupancy as a short-term rental, with nightly rates ranging from $350 to $550, generating substantial cash flow.

Despite its popularity, very few actually understand the asset class and how to achieve optimal returns.

If you’re short on experience or financials, bringing in a sponsor with a strong balance sheet and track record can make all the difference.

That on his own is a great achievement.

Let’s connect and explore how we can achieve your real estate goals together!

My primary focus right now is Duplex/Triple & REI investments, with a goal of achieving financial freedom.

Just like a junior mortgage, the senior gets priority and remaining balance would then go down the order of priority.hope this makes sense.Note; I recommend reviewing this with an attorney as well as I am not one. 

Again just to reiterate, this is specifically for those who are NON-US citizens.I know my questions are very in-depth and seem complicated but no one in the Bigger pockets podcasts talks about how non US citizens or non-resident aliens deal with wanting to buy real estate and attempt to real their goals of achieving FIRE.