Regarding international rentals I have yet to do my due diligence on any specific investment area though you can bet before I was to make any big decisions I would know the ins and outs of the laws pertaining to property ownership, etc prior to investing one cent.

Does the information above only pertain to investment properties that are not the owners primary residence? 

If so, I would like get in touch with you and present you my Wholesale deals that pertains to your Criteria

My advice pertained to my location not yours.  

hello donna, please refer to a knowledgeable real estate attorney in your area, each state from california to NY has different rules and bylaws for operating an LLC, but the question you asked pertaining to 'domestic llc' is more or less an domicile reference, if you operate in the state that you have set-up your llc you will be operating as a domestic llc,  if you will be conducting business in another state you would be referred to as 'foreign llc', please don't take my advice and run open an LLC domestic or foreign until you talk with someone locally who is more qualified than me, *****i am not an attorney no present myself as such**** always due your due diligence i hope this helps keep posting but most of all keep sharing good luck 

I’m no expert and I will defer to more seasoned investors, however what sticks out to me is we need more information as it pertains to the core numbers.

I was on a Webex yesterday where they were explaining the process and how it is a requirement for all residential rental units in Cleveland, but they didn't address this as it pertains to Out of State Landlords like me.

I realize this pertains to permits on construction of parts or the entire home but don't understand how something could be built without all those permits already.

All share in the problem.What is it that you feel banks are not good at, as it pertains to owning property?

The 2% rule we hear on the podcast doesn't pertain to our market since at $100,000, no one is paying 2k on a rental of that size, so don't sweat that.