@Josh Ball mentions, there are issues with foreign investors but, nowadays, it's not necessarily on the tax front anymore.

Turning the management of the rental over to a property manager can relive a lot of these issues.

Most landlords don’t go looking for a property manager until they’re dealing with an issue—tenant headaches, late rent, maintenance problems—so your marketing should focus on providing solutions, not just listing your services.Marketing Strategy: Combined or Separate?

Quote from @Noah Wright: We specialize in this specific issue, actually. 

I recommend that you only communicate with the tenant in written form (email/text) which can be used in an eviction proceeding. 

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

But if this company Tardus was selling these notes and getting comp .. they are going to have issues if they are not licensed RAs or broker dealers..

Quote from @Marc Zak: Anyone have experience on the issue of getting insurance on a property held in an LLC?

This is because DSCR loans do not follow/ pass consumer protection laws. when you live in the property, it creates massive problems for this loan type and the lender which would issue it to you. 

Doing general paint and carpet cleaning for this property along with some minor repairs, junk removal and fixed a couple small plumbing issues (mostly deferred maintenance).