My point is this- just because there's an issue (as there always will be) does not mean someone is not fit to landlord.Haven't read through all of the comments yet, but in the market where I invest, Wilmington, Delaware, there is actually a city ordinance that if you do not live in New Castle County, you're required to have a registered and licensed property manager with the city. 

I liked the return profile on fix and flips and felt that the price point and location de-risked my exit.

I liked the return profile on fix and flips and felt that the price point and location de-risked my exit.

Quote from @Paul De Luca: Quote from @Courtnye Nicole: Hi all, just wanted to get some advice before make a decision.

And for a NNN commercial it's on the low side as well (not to mention that lending rates have killed the commercial market when heavy leverage is needed).Delaware Statutory Trusts are probably going to be your best bet given your specific parameters. 

Smaller cities in the surrounding areas of Madrid, like Torrejon, Guadalajara, San sebastian de los reyes... etc always present some cash flowing option.

@Helen De la rosaYou’re welcome.

Our network just found two great deals in Prospect Park, Delaware County outside Philly. 

Given the complexity and potential tax-saving opportunities in real estate, it's wise to consider hiring a CPA with expertise in this field.Many clients who work with non-specialists find that their non-real estate preparers lack the specific knowledge to help them minimize taxes through strategies like depreciation, the de minimis safe harbor, partial asset dispositions, 1031 exchanges, navigating real estate professional status, the short-term rental loophole, and more.If you are looking to qualify as a real estate professional, use the short-term rental strategy, or complete a 1031 exchange, I would without a doubt recommend working with a real estate CPA.

Just curious, what is a typical cost to de-lead a single family home?