Are there other more creative ways to start cash flowing in year one Be careful because federal mortgage fraud and going to jail is a real thing.

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

I’d be very careful about who you replace this tenant with. 

Do I care about your pro forma 5 years out that makes all kinds of optimistic assumptions?

.- Since we're not really in full control of the property, the Hold Harmless also indemnifies us against anything that goes missing at the property and squatters.We get asked/told to do all kinds of crazy stuff by owners, who either don't care what happens to us or haven't really thought everything through.Hope this addresses your question.

Be careful.

Our County Court Clerk provides the forms right on their website and it is literally a 15 minute cut and paste event to fill out the eviction forms.

While it is possible to convert an investment property acquired through a 1031 exchange into a primary residence, this requires careful planning.

It will cut down on the fake accounts created to promote certain individuals, markets etc.

It is clearly possible to do well here, but as expats I believe you need to be extremely careful in entering the market.