Yes, I’m looking for a rental property in the area, especially because I fear a downturn in the near future. 

And...there never seems to be that same level of "fear" of default that a borrower or renter would encounter with an arms-length party.The parents should discuss the situation with their tax advisor.

I fear I could get taken advantage of.

My biggest fear is I will purchase a property and won't be able to rent it at 1k or 900 due to so much lower competition for the same specs in the same neighborhood. 

We already have our eye on a third deal that we are wanting to make an offer on but fear we won't be able to refi the current house thats is under construction if we purchase a 3rd. 

I'm also worried about raising the rent in fear that they might leave.

I'm excited to do the deal but I have fear of the unknown. 

In fact, he does not want to do it for fear that the building will become vacant.

@Tim Herman No Not working with any wholesalers my fear is with those homes it’s all cash since most banks wont underwrite a loan from my understanding if the place needs a big rehab also what would you say is an acceptable cash on cash return

Capital controls imposed on Chinese citizens really began around 2016, which may explain why homes prices really started jumping up early 2017 as the controls became effective around June-July of 2017 so presumably many buyers were rushing into safe haven assets in anticipation of this happening.Long story short on China, many citizens have fears of policies over there and feel that a weakening Yuan over the next several years in addition to bank runs and an impending credit crisis (China has printed more money over last 2 years than ever in their history) will have heavy implications on their wealth and they wish to diversify and send as much money out as they can before things begin to get really messy.