Having a house in Tulum Mexico, the upkeep in the humid hurricane environment is so financially draining, i wonder if Oklahoma is similar with these apparent high climate risks.

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

Please feel free to utilize me as a resource if you want to run through a deal or discuss any of the national or local wholesalers out there. 

BiggerPockets is a great place to find featured agents experienced with long-term rental investments—they can guide you to cash-flowing properties and connect you with resources like contractors and property managers.

However, my mother has financially contributed to the property, effectively making her the rightful owner.

Also, here's a great article that describes the REPS status:https://www.aicpa-cima.com/resources/article/tax-rules-for-r...And another for the passive activity loss limitation that other mentioned:https://www.irs.gov/publications/p925

Hi @Jean-Pierre Njiky Djiodjip Welcome to BiggerPockets, It’s such a great resource for learning and connecting with like-minded investors.

It's just a letter saying that Jerry's company backs you financially.5.

He possesses a deep understanding of his target neighborhoods, crucial for accurate valuations, and is adjusting to market shifts through meticulous financial analysis and timeline management. 

I would also make sure I controlled the checkbook or that we both had to sign the financials.