You need to know this fact:  "The median net worth of an American homeowner is $231,400, according to the Federal Reserve.

I called New American funding AND they don't even do them.

Here, you can communicate your message and you can search and respond to posts from residents who need your services.Local ContactsVirtual channels are great, but don’t get so caught up in social media that you forget to make contact the old fashioned way—by knocking on doors.

What DID help were the sources listed and their referral to our next source.2) The ADA.gov (Americans with Disabilities Act) is a part of the United States Justice Department and defines the standards in the country with regards to those with disabilities. 

You may find a way to get the property under contract in a creative fashion while you work out your financing.

.- Many buildings in high rent areas are less than 10 years old (the country is only 47 years old)- Property taxes as Americans know them do not exist here... yet- Income taxes do not exist here... yet- There is a 5% VAT which may be relevant for service fees associated with purchasing and maintaining the property - A municipality fee, which equals 5% of the rental price, is paid by the tenant - Traditionally, rents were paid by the tenant upfront for the year.

There are many more, but the big take home is to calculate your own pro-forma income and expenses based on good ole fashioned due diligence.Here's a deal calculator I created/use, for your reference.

Just like inheriting a property with bad plumbing, taking on an LLC in this fashion can POTENTIALLY cause lots of problems.

According to pew research less that 30% of americans have heard of the STR market and less that 15% have used them.

Investors are old fashioned, lazy not very smart or tech savvy, can't see the bigger picture have no patience, refuse to leave their old ways behind nd invest time and effort (and brain power) into new ways, they don't "get with it", they don't get with the times, they don't educate themselves, they think they know better.Here is my investor journey in a nutshell.I came to BP, most people gave me cra advice, I didn't agree, but I tried anyways, failed, I said, screw this, I am doing this Y way.