GregIf he is an employee of yours Workers comp is great protection for him AND you.His regular medical coverage will not pay for injury expenses.

Since i will be travelling most of the time, i am not sure if rehabbing properties would work unless I get a excellent RE agent, wholesaler and a rehab specialist.

Travel ,spend time with family ,get a hobby , etc.

NZ has been on my list of places to travel to for a long time...maybe sometime soon I will actually make it out that way.

It seems like it has potential for rental income, a lot of properties are under 200k, and there is UMass medical school there so lots of renters.

With the medical district set to be complete by mid 2015, the areas you are searching for and currently live in are going to  be in high demand. 

Several factors play in to what you want to do with a short term rental such as business travel (NYC,SF), weekend get aways (La Quinta CA) to tourist destinations (Orlando FL).

All it takes is one bad tenant...So, there is a little piece of my story all wrapped up in a ball with a bow for you fellow investment travelers!

With today's apps I simply forward my expense and travel app reports and my bank statement each month and I'm done with books.

The deduction would go on schedule E as travel costs.If you are traveling to look at properties - the answer it different.Another reminder is that you may need to report to the IRS any account balances held abroad that is in excess of $10,000 during the year.