Finally, my own house (soon to be gifted by my folks) is in a pretty choice location in San Jose and I may move out of it to take a posting internationally.

I don't know how international press are showing brazilian crises to the world.

I'm currently practicing as a criminal defense attorney but would like to move into real estate in my legal work as well. 

Many of us have clients all over the US, and even internationally.

Have fair standards that you apply to all renters and applicants (income requirements, criminal background checks, identification and document needs, etc.).

I agree with the recommendation for my international property ventures as it makes a lot of since.

The rules that you cited seem to corroborate my thoughts: "(A) A non-lawyer shall not furnish to another for compensation, direct or indirect, advice or service under circumstances which require his use of legal knowledge or skill in the application of any law, federal, state or local, dealing with taxes, except:(2) A certified public accountant or a person duly enrolled may practice before the Internal Revenue Service, as those terms are defined by the then applicable federal regulations and the extent permitted therein.(4) A non-lawyer may render such advice or service incident to an engagement to provide products or services which he is otherwise authorized to provide, where such advice or service arises out of the providing of such other products or services and was not the principal purpose of the engagement."

You think there are a lot of intern opportunities for 40 year olds?

@Steve Vaughan - the reproduction is not "1 to 1"-- I don't have a public forum I manage, but I would like this same ethos to be represented in my (and my teams) internal (and external) interactions.For example, I'd like my staff to be supportive, even when they're taking each other or a consulant to the proverbial wood-shed.

Here are the final stats (not sure if this will copy and paste correctly): Purchase Info Square Feet (2 Units) 2,492 Purchase Price $165,000 Initial Cash Invested $49,727 Income Analysis Monthly Annual Net Operating Income $1,032/mo $12,387/annually Cash Flow $414/mo  $4,973/annually Financial Metrics Cap Rate (Purchase Price) 7.5% Cash on Cash Return (Year 1) 10.0% Internal Rate of Return (Year 20) 16.9% On the land lording side, I was forced into a crash course when I had to kick out one of the tenants due to non-payment of rent.