With $20K to work with and a being new to US real estate I would recommend partnering with someone local.

I recommend you budget 5% of the gross rent (for the whole place, even what the rent would be if you were living in it as a tenant) for repairs and 5% for capital expenditures.

You can read the rules in the footer of every page.We are happy to have you here.

Give it a read, and you'll have a fair understanding of the process. 

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

Quote from @Jaycee Greene: @Basit Siddiqi Just sent you a DMI read your message but I am not sure it is what I am looking for.It appears that are a mortgage broker and help investors get financing (correct me if I am wrong)I own a lot of properties free and clear. 

What areas do you recommend for airbnb in particular?

Are there strategies, financing tips, or resources you’d recommend for someone in my position?

Pop into the forum just on flipping and you will get a ton of value just from reading.

So I’ve read that unbrella insurance providers require you to use them for car and home.