Thanks for sharing and commenting. 

Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.

Thanks Jay and Scott, your comments pretty much affirmed what I was running into.

Just make sure you go through the contract they present.

These homes can present excellent opportunities.

Sharing this idea in case others can comment on it.I agree, the US is more friendly about receiving investments from foreignors.You are planning to move back to Spain?

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Before they fund you, they have to run the project you present to them with their own “fair market” repair costs.

Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

As a property manager, based on my conversations with our clients, below is a condensed version of what we hear most (in relation to PM in Chicago): "- Passing on the load so that you can be more present and attentive to your family (edit: and other responsibilities) and not be essentially working 24/7, on-call for the needs of tenants and property emergencies... can be worth the management fees.