It makes sense, most have no credit, no balance sheet yet  possess this desire to own real estate with no proper direction or understanding of the business  and this is the unfortunate outcome. 

This is not the proper advice.

Thank youGustavoYour first mistake was setting this up before getting the proper cross border tax advice.

The use of actual cost records in this approach contributes to the overall accuracy of cost allocations, although issues may still arise as to the proper classification of specific assets.

@Hilda Cervantes PMC and agent are all you really need.They can both find handymen for repairs, just make sure they are properly licensed and insured.

I, like many others, was VERY skeptical about buying a franchise until I had completed the proper due diligence.I'm very happy with my decision to buy a franchise.

@Audrey Harrell if a wholesaler actually has a property at a good price and prsents it the proper way, they can advertise it alnost anywhere and buyers will find it!

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you leverage the state properly you can attract very good tenants that pay high rent. 

Most deals are at 0 or negative cashflow if your paying a manager and properly accounting for cap/ex.