References can provide a good sense of the applicant's reliability and rental history.These steps should give you more confidence in your decision, even if their U.S. financial footprint is limited.

You need to make decisions using the same principles as retailers.One goal of a rental property is to have a reliable income.

My 2 cents,MikeIt's a poorly decorated, poorly photographed and underperforming STR in a location I love.

We didn't sign up because we felt that we hadn't explore RE investments enough to make a decision in 3 days.

You can still have an operating agreement that everyone agrees to and it will accomplish the same thing.One thing I forgot to mention is what I did with a business partner is we have 50/50 ownership, but one person has 51% decision power.

So our cash flow was reducing during our hold due to poor ADR increase and large insurance and prop tax increases.  

Whether you're a homeowner, investor, renter, or real estate professional, your stake in this decision is real and lasting.

I haven't made any final decisions yet. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

God Bless the poor souls that have to make these calls.