To me at my current knowledge level, this deal only works if taking over the loan - to limit the out of pocket money to acquire the property since the outside reno and new septic would take up the bulk of rehab costs. 

@Benjamin Ying1) Waste of time unless you are buying hundreds of units.2) Any option to minimize risk is usually a good idea.3) Always better to visit an area before investing.

(Creating a contract to protect the both of us if things go south) Nippon Real Estate does a lot of podcasts and provides value for foreigners wanting to invest in Japan.Properties newer than 2000 are structurally sound to last a level 6 earthquake.

Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT. 

Hammer got dropped in Highlands with some level of grandfathering to existing rentals. 

I put the cash from the refi back into more mutlifamily units that produce more rental income. 

First recognize that 2 to 4 units are valued on comps and not cap rate.  

On many levels. 

If I divide this bill by four units, each tenant would pay $46.03.

His crony Hatti Day is the “real estate manager” of the property and actively avoids addressing any of the lies she makes related to the unit.