It was listed for 260k, but I was firm on my price.

@Rich Hupper I’m not too knowledgeable about what the bank might require, but as part of your due diligence you would probably engage an environmental/engineering firm to conduct a Phase 1 environmental study.

So far, the accounting firm had been filing 1120 form, but I was wondering if we can file in the form 1120-H ourselves without involving an accounting firm.

I am a firm believer that you time is worth something. 

@Lakeith Brown I use McCleskey law firm in Lubbock at the moment and I have been pleased so far, try them out.

The arch firm SHOULD give you this kind of information.

Does anyone have connections to firms that offer loans to internationals?

At the end of the day, stay firm to your number and don't let emotion steer you to a bad investment.

So i made an offer of $225k, because that put my cashflow at $408/month or $204/door... turned down..So i made an offer of $230k, immediately was turned down.... property sat on market for 21 more days...So on day 22, i made an offer of 235k, immediately was turned down... property sat on market for 4 more days before the agent called me asked me if i would go 244k, i told them i was firm at 235k, because that placed me at $140/door... next day the property went pending sale.... 

I learned to not be so friendly and more firm by drawing a line in the center.