I'm sure it's a great time to invest there, in fact I'll get 22% on my money if I go with this syndication!

Disclaimer: Not a tax or legal professional. 

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

Us landlords just love the people making lots of money that dont believe in buying.

After the 3 year period to redeem property, what am I to do as the tax payer?

Borrowers are not allowed to complete any of the work themselves as sweat equity.Loan to Value Calculations:The original principal amount of the mortgage may not exceed Fannie Mae’s maximum allowable mortgage amount for a conventional first mortgage.Purchase: For a purchase money transaction, the LTV is determined by dividing the loan amount by the lesser of the “as completed” appraised value of the property or the sum of the purchase price of the property and the total rehabilitation costs.Refinance Transactions: For a refinance transaction, the LTV is determined by dividing the original loan amount by the “as completed” appraised value of the property.Eligible Renovation:There are no required improvements or restrictions on the types of repairs allowed.

The other option is simply charge them $X (equal to one month's rent for example) and if you find a new tenant sooner, then keep all of that money as it is a fee for breaking the lease vs the first where they are paying rent.

@Shibashis Dutta we've not only got clients from Canada, but also from around the world.We've very familiar with setting up the proper USA tax options for foreign clients:)

There are multiple billion dollar companies dumping money into the city, such as Intel, Google, Honda, and Amazon.

@Jason HansonSometimes you hit the 'time' button to save yourself money.