Talk to you county tax office they should be able to tell you exactly how it works for your state.Also you can create self directed IRA'S with checkbook control or a self directed Solo401k. 

Control more cash in MM or CD's so we don't take the full inflation bite, holding cash. 

I could see an argument for Austin booming if Biden wins as people continue to flee Democrat controlled cities.

But like all investing, don't put all your eggs in one basket that you can't control.  

Hi Jessenia,I've been in the game for quite some time and have many battle scars to prove it lolMy best advice would be to always look at a worst case scenario and start from that.By starting with a worst case scenario you will be able to quicker eliminate markets that aren't a good fit.I don't know much about NY but personally, I wouldn't invest in any market that takes 6 months or even worse longer to evict.Worst case scenario for example = Tenant doesn't pay rent and trashes the property.I would want to be able to evict, fix and re-tenant as quickly as possible.Time is money and I want to keep moving forward and not deal with financial and emotional drag.There are many markets nation wide that are landlord friendly.My business is based on Ohio and there is no mercy for non payment of rent.Eviction usually takes 6 weeks max and although I never want to evict, being able to do so quickly minimizes risk of that investment.Thanks 

So my thoughts would be why not buy a great ROI property in the U.S. that you have more control over and is easier to get to and then visit Central or South America with the profits?

Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels.

That way you control everything.

I just switched all of mine over as it uses the same controls, just different head unit.

They have mandated emotional support animals and have questioned landlords denying felons.