The best part about it is it's easy to tag your transactions for each property with categories that sync to your Schedule E for taxes, making tax prep super easy.

Entertainment is surprisingly decent for such a small area (at least it was before the U.S. all shut down), but you'll still need to head to Phoenix to see any major sports leagues.

@James N Beliak we have several Canadian clients that either have a Michigan LLC ($50 setup, $25 annual) or they use the IRS W-8BEN-E form.https://www.irs.gov/pub/irs-pdf/fw8bene.pdf

Or use an e-card like Linq which someone can scan and download all of your information.

Thanks Scott I got a nice mention this week on Dave Meyers post about RE asset class. and one of the BP members a few years ago sent me a nice e mail and we talked through a deal he was doing and he gave me some credit for helping him structure and or giving him encouragement to go for it.. and I believe he said this year that one deal netted him 143k in cash flow.. talk about a Yatchzee..

Risk Reward-  as I stated earlier the S&P 500 P/E ratio is almost twice as high as real estate at a 7 cap.  

Growing areas (population/jobs), sports teams, STR attractions, colleges, etc

Yep, they will need the Schedule E to properly cash flow the loan.

@Marino E Diaz IIII sent you the access code for your book's bonuses.

Anyone in the business would agree it is a team sport if you want to scale a portfolio.