To be honest starting out seems overwhelming and scary especially considering investing much of savings into a property that may or may not be successful.

If they're not challenging you, or your personalities don't mesh, be prepared to give them honest feedback.

Investment Info:Single-family residence buy & hold investment.

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.

Hi Saul, to be honest with you, properties at that price point here in Columbus are going to need some serious TLC.

If so, I would definitely consider a shorter-term lease or MTM lease to get you into that period and re-negotiate with the current resident or re-lease it at a higher rate. 

highlight_post=6803139&page=1#simplified-forums__discussion__replies-containerI have no reason to alert you of this danger other than honestly trying to help you avoid the trap that the rest of us fell into.FOR YOUR OWN SAKE, DO NOT BELIEVE ANYTHING MARCO OR NORADA TELLS YOU UNLESS YOU SEE IT IN WRITING AND HAVE IT VERIFIED BY YOUR LAWYER. all investments have a perfect pay record until they dont.. did you really think when you asked the question they would say..

how long have you owned it and was it ever your primary residence? 

AlabamaAlabama residents enjoy a low cost of living and a thriving economy.

I am currently a resident in LA county however I own a rental property in Burien, WA.