You may find your local bank will not loan money to you, if you have a foreign owned LLC. 

The court declined to dismiss the claims, concluding that the allegations that Think Finance was the de facto lender and did not qualify as a “foreign financial institution” under Pennsylvania law were sufficient to suggest that the loans may not be authorized by law.Although the Think Finance case is in its early stages, the decision on the motion to dismiss requires participants in the marketplace lending space to consider the case’s potential future effect on loans with borrowers in Pennsylvania.

@Jacqueline Basset  I hear what your saying.. but real estate is tangible.. and its the base to all wealth in the world.. we cannot get into the reasons why folks want to be landlords.. other than they do... you and I won't change that fact.. there is a reason Blackstone  America 4 rents etc etc bought 100 thousand plus homes... and these are not silly people.. these are top financial minds in the US> Its why foreigners buy so much US real estate.. they want to own it.. many of the Chinese will buy in high priced bay area or Vancouver BC and just leave the properties vacant.. they have different reasons for buying and return on investment is not one.. its just move their cash to something that has some liquidity and is safe.. 

The law in California has 0 bearing on Kentucky on this issue, just as the law of a foreign nation has 0 bearing.

And because of many unique variables in the Bay (tech, foreign buyers, etc.) and other hot markets, I think the market cycle will be stretched, so unlikely to see a significant drop in pricing. 

http://globalnews.ca/news/2943992/goodbye-vancouver-foreign-buyers-now-flooding-seattle-and-toronto-real-estate-markets/?

Also keep in mind that finding another "home-run" as you did in Colorado may not be that easy as the market continues to trend upward and foreign based investors buying at retail in many areas driving prices beyond reason in many cases.  

Especially when politicians cotton on to the exact situation you just described, with a bunch of foreign interests stashing money in the RE market?

First 3 are paid off in cash and now I'm trying to get a loan but I'm a foreign investor so I'm having to jump through hoops.

We are a destination the world over for tourist and foreign nations seeking a better life.