We knew starting out we wanted to create systems and RentRedi met our needs. 

This creates a negative initial position.

Hoping to go down one of two paths:1- Buy a condo or small single family home and build equity and create value with my maintenance/construction background.2- Find a cash provider to do this on a larger scale with a 3-5 unit building. 

My proposal is to do the following:1) Create an LLC in which my partner and I are both owners/operators2) Have the title of the property put into the name of the LLC via quitclaim deed3) Have the Operating Agreement of the LLC outline ownership based on shares ownership model.

Been doing my homework and looking around to team up with some excellent individuals and create a working system.  

This can create deprecation needed to offset these gains, and we don't need to qualify for real estate professional to take advantage of it in this case here. 

Check out FilePlace, where user-created forms are available for free.

Check out FilePlace, where user-created forms are available for free.

(Creating a contract to protect the both of us if things go south) Nippon Real Estate does a lot of podcasts and provides value for foreigners wanting to invest in Japan.Properties newer than 2000 are structurally sound to last a level 6 earthquake.

I think it makes most sense to create a buyer's list, and then move to contacting prospecting sellers.