Additionally, regarding the legal structure, an LLC seems to be the most suitable option for our situation.

Is it legal to offer to rent the property back to the homeowner who already lost their home to foreclosure when negotiating the redemption rights purchase? 

While my husband and his ex make a similar income and do not exchange child support due to us pointing that out in court a couple of years ago, she actively request all financial documents that she possibly can and examines our taxes, etc. 

It's very hard to collect money overseas in Vietnam, China or Germany in a foreign legal system.

It takes them forever to sign documentation and make decisions.

Hiring a PM can save you time and headaches by handling tenants, maintenance, and legal stuff.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

My go-to response is always: Do you have a Move-In Inspection to document the home's condition beforehand?

Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.

My point is cash has no exclusivity on being legally clean and far from it.