My understanding is that once I am a partner in the LLC, any money that I put into the property will be tax deductible.

If you have ever learned something important by trial and error, then you can probably understand the frustration that you feel when you make a "rookie mistake" or a simple error that creates a big negative result.

I understand that some in this field may withhold information, but I truly value your perspective, it’s both valid and rational.

Another option is to look into some funds as well that allow smaller investments. some are anywhere from 500-$10,000 minimums and accept non accredited investors (through regulation a+).If you ran numbers of a loan paying p&i at 10% but ot being able to reinvest the principal payments you realize how low your returns actually are. so yes notes are great but also understand that idle money for any investment is not fun.

You are correct, local banks would go in and sit with them and go through rates and financing and understanding the payment.

It was one of the most oversaturated markets in the most recent years.Big bull on NC, but projections like this make me really wish analysis was done understanding historicals are just that-- historical.

That truly determines the successful from the unsuccessful, making it happen despite all the odds against you.I have a similar story of finding real estate and achieving financial freedom over the course of 4 years, going from 0 to over 300 doors.

From what I understand, that essentially negates the protection you get from having an LLC.

When you own a couple of units, the odds of there being unexpected vacancies that overlap each other are usually low, but when you acquire more and more real estate, the odds of tenants moving out around similar times increases. 

Would love to understand more about what might work for me other than DSCR to get started, in case DSCR loan is not an option for a foreigner.Thanks!