So now I keep it simple and pound nails instead of sand.

However in this particular interest, I was curious see if anyone had any experience with invest foreign capital - I.E. pounds.

An ounce of prevention is worth a pound of cure"

Obviously this is more costly than what anyone has to do in this forum but I obviously am more restricted based on my location.I'm fairly confident that I've bought with a reputable person but my worst nightmare is that I've bought in an undesirable area and can't rent it out or worse of all they trash the place.

We do take downs and ground fighting from stand up and I am 5 foot 9 and 206 pounds and I am going against guys 6 foot 4 and 290 and let me tell you I am strong but even with proper technique they are a load to get off of me before I can do the stand up.

Sorry for pounding this question over and over.

:)Penny wise & pound foolish IMHO for him not hiring a professional for tax advice.This is not tax advice, just some ideas.Are all the properties he lends on short term flips, or are any long term hold properties?

However, in an undesirable area, that return would be expected.

Long term tenants are extremely undesirable and spending money to maintain the property is a waste of money.

When the economy cycles down again the low income areas get pounded.