You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.

Cash Flow Potential: Rental income from real estate held in an SDIRA flows directly back into the account, allowing you to reinvest and compound your wealth tax-advantaged.

This will allow you to put the loan into the entity or business name of your choosing.

However, alternatives like a Self-Directed IRA (SDIRA), a 60-Day Rollover, or a Roth IRA Conversion can help you avoid penalties.A SDIRA allows you to invest directly in real estate while maintaining the tax advantages of your IRA.

Here the explanation and benefits:A Bank Trust or Fideicomiso allows foreigners to acquire property within the restricted zone, which includes areas within 50 kilometers of the coastline or 100 kilometers of the borders.

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.

    - Criminal, eviction, employment and background check- No guarantor outside of householdThanks in advance for answersGross income should be 3x rent, or whatever your locality allows, with the section 8 counted towards that income.

@Rachel Jane a lot of issues here to consider:1) Does the condo association even allow rentals?

While it may seem daunting at first, beginning with a clean slate allows you to establish clear expectations and build a strong landlord-tenant relationship from the outset.