EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

What you could doIs continue to pay that loan and have the owner also select finance you the balance.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Hey @Brian Willie your buyer is going to be someone who might not be able to get a mortgage right now.

What was your plan to manage the property especially when you are not living in that area/ country.

Both could be vacationers or business travelers or anything else.No matter what you quantify your STR is, you need to fully furnish it well, have plenty of amenities etc etc.

I have not had an issue with the claw back scenario and if I did I would IMMEDIATELY begin the eviction process which I would then pursue relentlessly.But alas, some tenants use this trick after they have vacated your property. 

My recommendation is get a self directed IRA and have the real estate be owned by your IRAYeah,  I have heard a lot about the self directed IRA.  

.: Hi Mark, thank you for your insights.