Even when Open Houses came back they are supposed to be slotted and distanced, but they are not.

I know there are slot of good ones because I’ve had several.

On both properties I shot a virtual video tour and held one open house with time slots out of respect for COVID-19.

You will also use double conventional loan slots, which means you will need to refinance into a portfolio loan faster if you plan to buy over 10 properties, thereby decreasing your cash flow because of higher rates.

Situation: A foreign (non-resident alien) owner of US in situs real estate (two single family properties) wants to transfer the properties to their adult child, who is a US citizen.

Vacant property might cost us s lot more than even to change laminate throughout this whole little house.

So, this deal looks good to me even with a 25% conventional mortgage at 15-yr fixed rate, 4.25% interest rate.The open house for applicants happened today; over 12+ pre-qualified applicants are scheduled to tour the 2bed/1bath unit in different time slots.

@Josh WalworthYes, it's likely a US estate tax return should have been filed for the wife when she passed, as the property is a US situs asset and was directly & jointed owned by the couple.They should consult a US CPA, perhaps the title company can recommend one if they deal with a good number of foreign investors.

I set up Specific days and time slots when people could come over for viewing the home. 

.$32,000  60 units at $50 at 90% occupancy$5,000   Outside storage  15 slots at $30 at 90% occupancyExpenses:????????