I see them on Facebook marketplace constantly for ~$300 for a well working set.

What makes it more frustrating for LP's is when the sponsor has facebook ads and youtube videos promoting their next raise or guru course that if you click on the link and sign up they will have somoene call you within 24 hours to invest, but their current investor pool on failing deals cannot receive the time of day.

Also, I know this status can sometimes trigger an audit.

Real estate, by default, is passive and the primary way to avoid the passive loss rules is to qualify as a real estate professional.Full-time employees and non-real estate business owners cannot qualify as a real estate professional (aka REPS status) because one of the tests is to spend more time in real estate than anything else (and it’s unlikely that you can convince the IRS or Tax Court that you spent more time in RE than your day job).

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.

I have always loved them, they keep it clean, u can even ask the military to directly transfer monies into your account without the hassle of asking tenants if they get late, only downfall is they are legally allowed to leave the house anytime based upon their transfer status - still worth every bit!

@Patrick Schwebke Yellowbird (local JAX company) has a facebook group that's very active and I think has monthly meetups, or at least they used to.

I have matched both tenants to their Facebook page (not new pages) and their photos on their work websites.

Without it, there's no guaranteed legal status, which could lead to being forced to leave the U.S. and potentially manage property from abroad—a complex and often costly endeavor.Real Estate Ownership and Rentals as a Non-Resident: If you do decide to purchase property and then move abroad, you can keep it as an investment, but it requires navigating tax regulations specific to non-resident foreign property owners.

You should also join the military landlord Facebook page.