The information contained in this post is not to be relied upon.

Purchase price: $75,000 Cash invested: $95,000 Bouight this 6 units with owner finance.

my thought is you take on some risk doing this.. if the info  you are providing does not pan out.. you know investors they take a loss and its never their fault its always someone else.

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

I want to know any and all tips, advice, and of course down sides to this lifestyle. 

This is why renting to family or friends is generally a bad idea.

If I understand you correctly, this is a simple seller-carry situation.

You hire tax specialists in every country in which you invest and you have them work together with your tax advisor in the US.What you could do would also depend of your own knowledge of the tax laws in the countries in which you invest.Hope this helps

I don't know if credit unions can ever do this stuff?

Establishing the LLC in IL first does not provide any additional benefits in this scenario.