If a foreign investor is in the U.S. frequently or for extended periods, they could meet the criteria for this test and potentially face U.S. taxation on their worldwide income.

Plus, since the house is fully renovated, you’re likely to face fewer maintenance costs in the near term, helping maintain that cash flow.2.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

is the 'gravel' on the shingles coming off (ie are there bare asphalt shingles)? 

The issue that I'm facing now is whether I want to pull it out against one of my rentals or on my primary.I have found a bank that will allow me to borrow as a second lien on rentals but their rates are higher than what I could get when just doing it against my primary.What I'm most worried about is what happens in a worst case scenario, should something drastic happen in the market.From what I understand, using the money against a rental doesn't necessarily provide much more of a safety blanket in case things hit the fan because if, somehow, the HELOC lender can't recover their money, you'll get sued anyways.

I faced a similar situation when I had to move for work.

They are pretty bare bones and do most everything via email but the price is right. 

Single-family rental (SFR) and build-to-rent (BTR) properties have seen a surge in demand over the past five years, but the sector is now confronting a slowdown. Despite rising interest from young families and institu...

@Tracy YenWhen I was faced with the same options you have, I went and hired a life coach.

You will also face depreciation recapture tax on the portion of depreciation claimed while leasing the property.