Yes, in theory a person can make CRAZY $$$$, and some absolutely do. 

Quote from @Michael K Gallagher: Quote from @A Rao: I invest in land and have done entitlement/zoning and other DD work successfully for years.A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but does not want to do a ground lease, only a build to suit. 

Not talking about you personally.

instead, why not find a market 1-2 hours away where you can be hands-on / in-person?

I’m not a former IRS person.

Talk with the syndicate/Reit and your tax person. 

Ultimately, you will need to have the borrowed funds in USD and ideally in your US business entity bank account to sail through underwriting with US lenders on US properties.Caveat: the rates will likely be something like 10-12% so it would not make sense on a long-term holding, more like on a down payment on a purchase and rehab value-add project that you will eventually sell (or cash-out refinance) to pay off the borrowed funds in a few months. 

These associations often provide networking opportunities, legal guidance, and best practices to enhance your rental business.

I’d recommend checking local investor groups or networking with other landlords in Memphis to get recommendations for more competitive options.One company I’d personally recommend looking into is RiverTown Realty.

Not everyone will be successful in this business especially during times when people are essentially jumping on the bandwagon.