I am organising to acquire about 28000 USD but as I cant get a mortgage, should I buy a house for that price?

No ill will just giving my unwanted two cents :)

Do you mainly look for REO's or will you also go looking for unwanted/ neglected properties?

Are you asking which U.S.A entity structure/organisation would be best?

Also, should the tenants ever find out that you're actually the landlord and intentionally deceived them, wouldn't this create animosity and possibly have other unwanted effects?

Though I'm tempted to kind of stare at the phone in anticipation, I realise that just creates more anxiety so I'm just focusing on getting more marketing organised.

Martin I saw your thread about the great meetup you organised few days ago in east bay.

You could then refinance the property and withdraw your capital back out of the company with minimal to no tax implications.Best to sit down with your accountant and real estate attorney to devise an organisation that makes the most sense for your longer term plans ... and a path of how you will get there.

That will allow help you pick the *right* deals today so you're not sitting on a bunch of unwanted assets.

As a sign of good will, you might even pass the lead onto a couple of commercial realtors with a mention that you will be happy to accept any unwanted residential leads.