I also invested in a couple syndications and ventured into international agricultural REI.  

If they do -you can use your plan to do an internal transfer and buy real estate on a self directed platform.

Note: a Mortgage Credit Report will pick up dirt that those worthless "Online" consumer fico score reports won't show.Depending on how much of a Credit Criminal you have on your hands, in addition to a substantial "refundable deposit ask for 1st month's and last 2 month's rent up front (note: need to open an escrow account to deposit the rent payments and deposit collected)Write lease with an "EPD"  (Early Payment Discount), meaning if they ensure that you receive the monthly payment BEFORE the 1st day of the month, the rent is discounted $50, $100, $300 or whatever, depending on if you are leasing out a $50k home or a $3,000,000 home.And the very first time the rent is 5 days late, hire an evection company to go post an eviction notice to start the process and/or show them you are not playing and they will likely ensure you receive the rest of the rents on time after thatAnd I could go on and on listing things to do, but these are a few good ones  

If you're factoring in what the equity build-up is over time, your cash flow, and the amount the property appreciates (be realistic), you can calculate your IRR (Internal Rate of Return) which takes into account all of those factors; not just cash flow.  

The OP can have the prospective tenant look it up online, and also ask the notary (from a “neutral” business location - not a possible friend of the OP) to explain what notarizing a doc means.If the prospective tenant would not be satisfied by going with a notary after reading 470PC (a felony, or at least a wobbler,) on top of the very acceptance of money for the property under false pretenses being a violation of 470PC (but criminals get away without being positively identified all the time) in itself, I’d, then, say that nothing would satisfy the tenant.I imagine that just mentioning the notary - without having anyone read the legal statute - should be enough.

I've gotten to a spot in one of Brandon Turner's books where he is talking about the importance of mentors, contacts, and finding good contractors, and it's sparked a bit of an internal debate. 

I'm imagined a complete gut but if it's already just gutted internally and not externally even better.

Not saying this is the case here, but there are international buyers who buy just for asset stability.

You can’t make this stuff up.We have an applicant who had the following 4 charges expunged from her record:-aggregated assault -burglary-criminal attempt - CRIMINAL HOMICIDE -conspiracy- aggravated assault Sounds like a model citizen, right?

But I'd treat them like legitimate buyers with an unreasonable request rather than likely international fugitives hiding their bounty (not that you are, but honestly could be either!)