Yes, some immigrants send remittances to their families, but the majority of their earnings are spent locally—on rent, groceries, gas, and other essentials—directly supporting the U.S. economy.

@Jesse Rivera, I have also never heard of that product.  

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

They are essentially giving the property to you at fair market price, so someone is going to need to pay taxes on that fair market price.

You can also use some low-down payment mortgage products to continue buying in your back yard while house hacking and renting to others. 

I’d recommend starting with rental arbitrage to get your feet wet and generate some positive cash flow.While I haven’t personally done rental arbitrage, some of my employees have, and they found it to be profitable.However, as a long-term strategy, you’re essentially building your castle on someone else’s land.

This ensures compliance and may help with future tax benefits.Kansas: File a resident return, including the Missouri loss, which can offset other income in Kansas.Even though no Missouri tax is due, reporting the loss properly in both states is essential.

Until you don't -- like when you have a big claim and it's denied for violation of the policy terms.You're essentially operating a 1-unit hotel and you really, really want a commercial policy for it. 

While an LLC can offer liability protection and tax benefits, it’s not essential for a single property—personal liability insurance and an umbrella policy may suffice for now.

Your notes of 3:30-7:00 and 7:00-10:00 seem like reference to how long you have to speak on the topic, and while its great for production purposes, it really isnt necessary to include in a post on a message board.