We took them to arbitration, but they did not participate and we found out they closed their offices and I believe the owners are no longer residing in Florida.

People don't read STR descriptions you see this alot with international properties where people expect US standards.

Now, youre under the gun on a refi needed to finance another purchase and the loan you were counting on isnt - and never was - available to you because of an error that wasnt caught due to a lack on internal quality control.

People will start to realize that a law designed to protect against criminal international money laundering captures more innocents than anything. 

If you need to ask yourself why to those things, you never understood those things never need to be explained internally and externally.

Information of the taxation treatment for foreign investors can be found herehttps://www.ato.gov.au/Individuals/International-t...4.

Longer lead times I get alot of intern inquiries which can be fine but income wise they aren't as strong a candidate.  

I'm a little confused--are 2 of your 3 properties MTR's that you rent to international students?

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Both are digital-first banks with minimal fees, and Mercury in particular offers free domestic and international wire transfers for most account holders.