Here are the key tax implications we discussed:- - Depreciation takes longer: Foreign rental properties must use the Alternative Depreciation System (ADS), which means a 30-year depreciation schedule instead of 27.5 years for U.S. properties.

None at all even though it's now a rental?

Along the way, we see so many folks make mistakes that they need to get amended and that can take years to finally recoup all of the money lost from paying to much. 

It's worth taking a look at if you're seeking higher returns without needing as much work on the back end.

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.

.🔹 Afraid to let a property manager take over?

I have googled it and it takes me to links that are too broad and end up as a dead end. 

I really appreciate you taking the time to answer my question. 

I am still amazed at all the investors who went from their interest stopping to ( I lost all my money) with out digging into the collateral.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.