In about 10 years they should be worth more than USD $500,000 individually and more importantly have a business model and the knowledge to expand in Belize and other countries.  

Its my understanding that the individuals are responsible for all the legalities, contracts ect to make it safe not to get ripped off. 

., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.

Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Internal Revenue Service (IRS): - https://www.irs.gov/individuals/how-do-you-report-suspected-...5.

Gray area interpretation up to individual courts which have rendered seemingly contradictory decisions.  

There are always some self-righteous individuals who try to appear as very professional figures in this community. 

Requiring the homeowner to replace the pipe individually would seem like a huge octopus of inspections and enforcements and etc.