If there are any senior liens to mortgage, you could be responsible for them.

gj=co2&rv=co2&_xtd=gatlbWFpbF9jbGlja9oAJDgxNWRhNzJhLTM4NjUtNGQwNi04YzRkLWVmZWEwODI0MTg1NQReal Estate Lawyer - there’s a team and Shelley Himes, Senior Law Clerk can direct you to the appropriate contact.They do mobile signing via iPad and it’s amazing - no more going to a lawyer’s office unless you want to!

I've read all the articles I can about 1031 exchanges but nowhere could I find anything on foreigners (non-US persons, non-US citizens, non-US residents, etc.) using a 1031 exchange!

- If so, at what tax rate do I pay taxes - at the personal progressive income tax level that US citizens would pay or a different rate?

In most instances, the borrowers are hard working citizens doing all they can to make ends meet and make their payments.

If you are comfortable with it, be a bit sentimental about wanting property near your parents.If you come up with a good letter, consider working with a list broker so you can mail to seniors who might be ready to downsize or transition to assistance.Good luck

Consider mailing to Seniors - they are most likely to have homes somewhere between "ready to be condemned or only needs paint and carpet."

Your location may also be decided on the home value that you are comfortable with.Once you decide where, mix a couple different lists such as Absentee, Seniors and Low Financial Stability Scores.

More recently investors have been having luck with Seniors with Long-Time Ownership and Owners with Low Financial Stability Scores (FSS). 

Owner lives in Norway, is NOT a US citizen, but has an ITIN, works for a big US corporation, and has US bank accounts.