The tenant moves in next week and I will be doing a unit walkthrough and orientation with him where I will go through the key parts of the lease since he didn't sign it.A couple other things that are different from typical MTR stays:- They are not using my property management software (RentRedi) to pay rent.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

It all depends on the local market and specific property, but these are typical ranges.

I'm exploring the idea of investing in a short-term rental (STR) property abroad and have a few questions regarding how to structure it for tax efficiency.

I send out a weekly one talking about the market, investing, etc.

Takes an investment of $50k + depending on market.  

I purchased the property after reading Brandon Turner's Rental Property Investing, and with what I learned, planned to purchase 1 property per year for 7 years to develop a solid stream of passive income.

That being said the leads typically are not the problem (sometimes the leads are bad), it's the conversation to converts the leads.

Condos are a much riskier investment than a SF rental because you control so much less of the deal. 

@Jonathan B.On a reverse mortgage no, but if it’s going to foreclosure then it’s typically because it’s upside down / under water or there is no heirs.You could call the attorney and ask if they will let you know what the opening bid or payoff is on the property or do a case search on the county website and see the complaint as that will typically tell you the amount.