While many of the U.S. tax benefits, like using accelerated depreciation to offset W-2 income, are fantastic for domestic properties, they don’t always apply the same way to foreign properties.

If I understand you correctly, they can't even access their food or clothing, so this will be a big impact on them for a period of time.

It’s fantastic that you and your wife are diving into this together—especially with her passing the real estate exam.

Dirty clothes all over the place.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

He was fantastic to work with -- he found me an insurance plan that was cheaper than my previous one.

I know how to get fantastically accurate estimates for simple single-family deals but was wondering if anyone had advice on where to start for running numbers for 50+ unit deals.Also, if anyone has any advice on helpful systems and technology - or for managing larger scale real estate businesses to be a valuable partner, I'd gladly listen. 

It’s a fantastic tax advantage.Happy to chat with you further   

Gaining Experience: Shadowing a seasoned investor is a fantastic idea!

Rental income is about 4800/monthly....David,If I'm understanding you correctly, a DSCR loan could be a fantastic and elegant solution for this creative financing situation.