Check the Lease Terms: Ensure the lease clearly outlines responsibilities and terms.Background Check: Verify the renter's legitimacy and experience with short-term rentals.Insurance: Ensure your insurance covers short-term rentals.Local Regulations: Verify local regulations for short-term rentals to avoid legal issues.Exit Strategy: Understand what happens if they terminate the lease early.

This certainly clears up a lot of concerns the noobies entering the notes space have.keep in mind this is Specific to California and each state is different.. for instance Oregon you may not fractionalize a note I learned the hard way on that one since I spent a decade doing them in CA It did not even occur to me to check with Oregon regulators and they hammered me and gave me a cease and desist.

I'm working to get my personal finances well established/understood, which I think will help me determine my best path forward.

With that comes knowledge of the law, experience, skilled screening and selection, established policies and procedures that prevent problems or nip them in the bud, professional marketing, and so much more.

I promise that I, at least, will hear you out.CAVEAT: There are a lot of things established investors try not to say on public forums.

- Establish consistent routines

-If not, then I wouldn't add $100k of 'Value' to the property just for having an established Pizzeria, since as a simple landlord, it all breaks down into the return calculations above (hinging on rent/mo from your tenants, whoever they are) which at your current estimates would leave you under-returning compared to a money-market account earning 5%.Now keep in mind, I have been discussing the long-term hold return of this investment.

I would check a local RE attorney perhaps, every state has different rules for establishing residency.

So he is making 10% on $100k plus a bonus of 5% on the $300k mortage that is already in place.The reason for commercial is the regulations are much more limited.

Of course I still need to decide which part of the country I plan on investing in (it's possible I'm moving around the country frequently in the first year, so that is making me think about the most ideal location for an initial investment).Once established and with a track record in Spain, I plan on making my first investment here in the US, most likely in the Boston/MA area.In any event, I'm excited to connect and learn from those in this group.If you know anyone with international investment properties or contacts abroad, especially in Spain, I would love to connect!