Thankfully they didn't even come close to the credit requirements and we found more qualified applicants.

I currently at Kuala Lumpur and need some trusted law firm, any recommendation?

NO expense, coach, ad expense or what-not required. 

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

It's not just about agreeing on the numbers, you also have to figure out things like: - Financing terms (what rate, duration, amortization schedule)- Balloon payments (sellers typically will require 5yr balloon payment, expectation is you would refinance into conventional financing before then)- Renewal options on above (sometimes sellers can provide another 5 year option to keep seller financing amortization schedule, they can charge a premium for this etc.) - And much more. 

Not much capital is required just lots of Hustle. 

You absolutely should block Zelle for someone who is being evicted and require they provide certified payments in full. 

I have had two different property management companies in San Antonio and they both required to be named as an additional insured or the fees were going to be higher.

Positive cash flow not required initially if it yields a return later.- Something nice enough (or something that can be rehabbed nice enough) to Airbnb and enjoy visiting.

That region will require some risk mitigation, and would be better suited for a local flipper specializing in those types of properties vs buy and hold OOS IMO.