Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

PropStream was good with property, title, and tax data.

Before you close, can the rent from your buddy and the midterm tenant cover your mortgage, taxes, insurance, plus a bit extra?

Investors often obsess over how to defer tax obligations and ultimately make poor investments due to being hyper focused on taxes.

And, when you see your next tax bill, your heart will stop.

You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings. 

I would recommend an STR for the best tax benefits and cash flow no doubt.

Do you want this thing to be the tipping point for them to leave and you have turnover costs and a vacant unit? 

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income.