Pa says,Line of Credit, Repurchase Agreement or Equivalent Mortgage Funding Capability of not less than: $1,000,000So a million in bank deposits should cover that?

All are equivalent in size.

This niche has evolved rapidly so whereas 2 years ago you would have seen a lot of second tier "grandma's cottage" type properties in the MTR space with few amenities, you're now seeing properties that are much more equivalent to STRS.

As far as being a foreign owner it's pretty easy, you will just need to get a SARS number (which is the equivalent of IRS) and you will need to file a South African tax return on your rental money once a year.

If my break-even nightly rate is $50 and equivalent short-term rentals at the same location go for $200 a night, I don't need any more data to tell me I have a great deal.There is also an interesting development in places like Mexico you're probably aware of.

You quite literally just throw your money into them and earn returns approximately equivalent to the markets.

Jhordan Tutop I have borrowed money from my TSP (401k equivalent) three times in order to buy investment properties.

We've utilized a HELOC to make competitive "cash equivalent" offers in our local market, where we were confident we'd be able to refinance that property and refill the HELOC.

It's also the overall number of the property price which is often equivalent to 1 or 2 years of income. 

One way is rent surveys and the other is OER (owners equivalent rent).