What we really need is a single internet "bad tenant" list to warn each other.

But I saw it on the Internet; it must be true.......

@Matt Wan Many lenders require wet signatures on at least the Promissory Note but if yours does not, as a US citizen you could do the entire signing anywhere on the planet with a good internet connection + mic + camera via Remote Online Notarization (RON) for less than $200.If wet signatures are required, the answer then depends upon what foreign country you are in.

Instead of throwing your deal out to a bunch of strangers on the internet, I recommend you do your research to find a local expert with 20+ ACTIVE years in real estate in your market.

Also, dont work with big internet lenders like rocket, lending tree, etc.

He believes he can find all that he needs to know on the internet.

I find it hard to come up with reasons when the screening process is being done over the internet.

Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 

Plus the challenge with mid term is you are generally on the hook for things like internet, utilities, etc.

They will have better knowledge of what you need and how to do it then just finding one on the internet.