Having said that, the federal government put a restriction on buying houses if you don't live here. 

Every $1 I make in cash flow, the government will take 35¢-40¢ today.

In Minneapolis, are there programs in place from non profits and the government to aid first time home buyers with costs?

Would it make most sense to do S Corp federally with C Corp state or LLC state but S Corp federally.

Research neighborhoods near colleges, government offices, and hospitals, explore FHA loans, conventional loans, house hacking strategies, and connect with local investors.Good luck!

While likely more expensive than Cleveland or Toledo, Columbus has a more diverse and robust economy, driven by government, education (Ohio State University), and healthcare.

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.If you want to close in the name of a LLC/ LLC taxed as an S Corp, or an S Corp, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

For US government purposes, our legal residence is a family member's home where we stay when we are in the US.Thanks for the DSCR info.

The government would tell you that primary homes have a discounted tax rate and to make up for it they have to tax rentals, AKA small businesses.