Great read is Milton Friedman's "Money Mischief"  which goes all the way back to Roman times for inflation and debasing of currency. 

That's understandable but I wouldn't forgo the huge benefits of diversification (including on the currency) and getting higher return overseas just because of the inconvenience of a potential tax audit.

I like to think of them as different currencies, even.  

If I have dividend stocks, bonds, or am earning a return on crypto (defi/staking/etc), none of that is disqualifying.Assuming managing my rentals didn't prevent me from working a full time job (thus qualifying as self employment), it shouldn't matter.There is a lot of anecdotal tales out there, but I can't find anything concrete, which is what I'm looking for.

Part of the motivation is to secure residency in multiple countries, have my investments in multiple currencies, and to set up an offshore structure for my company in one of these locations. 

Residential RE, Undeveloped Land, and Cryptos!

Market risk, currency risk, inflation rick, etc. 

This site is great if you are looking to invest into real estate, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, crypto, or tax and legal guidance.

This devalues the currency because of basic supply and demand, the printing of new currency units decreases the value of the existing currency units assuming the velocity of money exchanging hands stays consistent.  

In speaking with my banker and CPA, it confirms what everyone is saying.....No one will want to use my "stake" in the property as collateral, because of its illiquidity etc....I know that the CoC returns annually of a syndication deal aren't as good as one COULD get actively trading the markets.But the IRR can be closer to 16-18% when factoring in the refinancing and selling chunks of return.And this being completely PASSIVE really appeals to me.I am working on the markets etc.....my game plan is basically work the markets/crypto world and as I get gains, take 1/3 to pay off my business/building debts, 1/3 to build into these syndication deals, and 1/3 to keep rolling the active investing snowball.Wish there was a way to leverage....so sad.Thanks all!