There was a dude from Australia who looked in our hot local submarket in Houston.

I was just about to give you accolades for rightfully putting your tenant's needs as first priority and therefore exhibiting your good intentions as a landlord, even when things went terribly wrong.

Hi,I am a foreign investor living in Australia, who used to be in the U.S for 10 yrs and came out only at 2022.

Before relocating to Tampa I was a broker in Brisbane Australia...any Aussies on here?

They ultimately did obtain a mortgage which was secured by the property, but the fuzzy area for me is how they obtained a mortgage in the first place.The DOJ is prosecuting the borrower for two other bank fraud schemes wherein he temporarily misappropriated funds (he's a fiduciary) to create collateral accounts for the purpose of inflating the balance for the 3-4 months required to qualify for, induce loans from, third party banks.A few days ago the DOJ submitted an exhibit list for his jury trial that included mortgage loan docs for my sale, and there was a collateralized account with a bank with a  credit line that exactly matched the mortgage amount he obtained from a lender. 

For example, any custodian, janitor, employee or agent of the owner or manager of a residential building who exhibits a residential unit therein to prospective tenants, accepts applications for leases and furnishes such prospective tenants with information relative to the rental of such unit, terms and conditions of leases required by the owner or manager, and similar information, is exempt.For more information about these and other Wisconsin property management requirements and exceptions, please contact the Wisconsin Real Estate Examining Board.Before hiring a property manager to manage your Wisconsin rental property, you should always check that he or she is licensed appropriately.

Is there any chance of you providing an example of exhibits B through E as well?

@Morgan Daniels I bought my first rental property while based in Australia so let’s definitely connect re: international investing.

The longer a property stays under contract but not yet sold,  the greater the risk that things will happen so the larger the earnest money should be  See exhibit 1:  COVID-19.   

Please pardon my delayed response, I am about 10-13 hours ahead here in Australia :).