Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan

Quote from @Kandice Morgenstern: I recommend you consult an attorney.

Be patient, as these types of deals often take longer to finalize due to organizational processes.If you’re unsure about specific aspects, consider consulting with a local real estate attorney to ensure everything is handled legally and ethically.

Being nearby allows you to monitor the property, understand the local market, and handle issues more easily.

If there’s no response, consulting with a real estate attorney would be wise to determine how to terminate the agreement and recover unpaid rent.Once they’re ready to switch PMs, I can recommend some reputable property managers here in Indianapolis who are responsive and trustworthy.

Consult with a tax advisor or attorney familiar with both partnership law and real estate to ensure compliance and minimize tax liability.Once under a TIC structure, 1031 exchanges for individual members could allow them to reinvest proceeds from the sale of properties into new ones without triggering immediate capital gains taxes.

This sponsor I will continue to monitor closely. 

This approach allows you to have a legal presence in the country, which is often necessary for investing there if you don’t live in Spain.Having a virtual office in Spain through your LLC could help you access local tax benefits and deductions, such as expenses for mortgage interest, repairs, and insurance, which non-residents typically cannot claim.It’s worth consulting with a tax or legal advisor familiar with both the US and Spanish systems to ensure compliance and take full advantage of this option.

They will be impressed with your determination and this gives you the opportunity to prove how much traffic you can bring into their home.Call expired listings Every day you should monitor the MLS in the areas that you target.

If the signs point to selling, consult your CPA about the tax implications.