I started the process of a portfolio loan with Corevest and ALMOST closed with them, but due to me being a foreign (non-US) national, they were demanding a lot of things like cashflow management (all rent goes to them first, I had to ask for draws to pay for repairs), they wanted monthly reporting, and they wanted me ask my property managers to sign away their right to be paid management fee first (basically Corevest wanted to be paid before everyone else).

I want real estate to fund my travel and also make it so that no boss can ever tell me I can't take off to some foreign land at the drop of a hat.

@Harit PatWe have partners who are foreign investors.

I have filed my US taxes yearly since then and declared my foreign and only income each time to the IRS.

Specifically:- Are there any exceptions or tax treaties that could eliminate or reduce my US tax burden on foreign rental income that is otherwise taxed locally?

Sure, there are some oddball exceptions for religious objections or foreign diplomats, but I'm not aware of a Federal law that says you are required to rent to someone without a SSN.

This concept is foreign to me, as I am a new investor.

I relied totally on JWB & Horizon to guide me thru the process, but as I'm getting closer to closing the deal, I'm getting cold feet realizing that I should have done all of my homework myself. what if it's a mistake and certainly don't want any legal issues. do I need to register my LLC in FL as a foreign entity doing business there since it'll be collecting rents?

This information includes: Full legal name, Date Of Birth, Residential Address, Unique identifying number from a non-expired US passport, state identification document or driver's license, social security number, ITIN number, or foreign passport.Reporting companies must file their initial reports electronically through FinCEN's Beneficial Ownership Secure System (BOSS).

I don't know that they have a specific real estate focus, but from my experience they are good with the foreign-earned income or foreign tax credit stuff (as should be most CPAs?).