With developments like the new casino in Ras Al Khaimah and expected population growth, the appeal is growing.

Unless he is giving you the actual invoices to pay yourself ( how i do it )  Myself we pay all invoices and GC gets a set fee and a profit bonus.. 

The only thing I’m hesitant with is their monthly income being 2.7x the monthly rent (plus 5-10% annual bonus which brings it closer) been following the 3x the monthly income qualification.

I recently spoke to a CPA with real estate experience and they have an added bonus of being a financial advisor which can certainly be helpful to me. 

I like to keep it simple and depreciation/tax advantages are just a bonus.

Using Facebook lead forms can streamline information collection.Door-to-Door Sticky-Note DeliveryI hired a woman to deliver my sticky notes, paying per piece delivered and offering a nice bonus for every home I purchased from the sticky notes.

If a primary residence is converted to a long-term rental property, can bonus depreciation still be claimed in the first year?

And a bonus tip, get black out shades and mention them prominently.

You could pursue a syndication with bonus depreciation to offset the gains. 

Once you depreciate a property one way, I don't think you can make changes once the ball is rolling ... especially if you cost seg and bonus depreciate.