I’m fine with immigration, but they have to be vetted and qualified.  

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

If you are assuming the property, you are actually putting the mortgage in your name, and you would need to qualify for the mortgage with the lender.

They will have some questions and ultimately you can get pre qualified. 

On the south side, my credit score requirement is 600 and will qualify people who make 2.5x monthly rent.

Because, if you are a “regular” person meaning don’t make 5M a year W2 / legit bussiness which shows on tax returns, you can’t qualify for 20M loanAlso it mean, that people who buy 20M condo, chances are they have 100M-200M cash sitting and not doing anything.Return of equity is 0, as it also the cash sitting in a bank.Debt is cheap now days: 4-5%, but if you have “unlimited cash”, then not need to pay 4-5%As far as max cash flow and minimum risk - it’s something a lot of members discussed already.And last but not least - let’s not go off topic.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

The only issue is with a bit lower rent there's a higher number of applicants that won't qualify but I don't mind the volume to get it filled. 

Typically lenders do not allow this but if they do you would ahve to go through a full underwriting to confirm you qualify to make the payments.

If they're not willing to get on the phone with you and talk to you and talk business but also let you in on who they as a person then they a probably not worth a damn.I talk to people all day long, only 10% are qualified to get started tomorrow.