Definitely a bad way to do business. 

While technically business purpose loans, these will still basically be 30yr (or whatever tenor) fixed rate mortgages.

Would also love to connect with experienced Cleveland rental investors.Much Thanks Hi you are not getting 2% rule, I am (and others that have been doing business there for years) .

As per the TK provider business model, property was bought cheap and rehab done (work provided).

I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR.

And don't forget, states don't have 4-profit business to create wealth, no money-tree out in a yard to shake, states $ is from THE PEOPLE, so that $50 Billion is all Californians paying for it.  

Glad you're building your business while still active duty, that's a powerful move! 

Tenants file bankruptcy, go out of business, stop paying, but stay. 

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

You can probably make up for the perceived loss through the reinvestment in your US business.