@Matthew Sarroi know this wasn't your original question but just reacting to something you posted.there likely won't be "cash flow" in turnkey right now unless it's some advanced ninja move with a new build and a rate buy down. but you'll likely pay a ton in closing costs, plus that huge down payment. 

@Shibashis Dutta we've not only got clients from Canada, but also from around the world.We've very familiar with setting up the proper USA tax options for foreign clients:)

All of that has been done properly.

You also would need to properly account for all of this.You would want to discuss your specific situation with a qualified CPA to determine if this can be done and if it really benefits you any.

ABout 1-3 years for positive cashflow.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.

Logically, if you fall into any of these fields, get a property manager:Located far from your rentalAren't familiar with the laws in your stateDon't have a way to properly fill work ordersI prefer going with PM's because they alleviate the stress of dealing with the property itself, so that I have more time to focus on other things (like getting more properties!)

Work with your Solo 401(k) provider and they should be able to assist you with properly approaching your banker so as to get results.Alternately, you can choose to work with a bank that already has trained staff on this topic such as Solera or Titan.

We're in no rush but want to do proper preparation.  

Traditionally Condos react first to a bad market and last to a good market.

I dont have money to start a course but I've never been more passionate about a career path before and I want to make a deal, and use that first deal money to sign into a course to get a proper education on the whole subject.