And a lot of the shows come from Canada, so there's the USD->CAD dollar value difference (i.e. currency not clarified), plus the Toronto area, where alot of the shows focus on, is still an extremely competitive seller's market.

What will happen, hypothetically, once inflation o currency has pushed the small lenders out and the big lenders decide to become landlords instead of empowering the american dream and demand payment on their holdings?

Here is a section of what I found.4735.01 Real estate broker definitions.As used in this chapter:(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.http://codes.ohio.gov/orc/4735Originally posted by K.

Speculators get a bad name in the media but they provide a very essential function in ANY financial market be it stocks, currencies, commodities or real estate.

If you buy property in another state, then in that state you will need to register your LLC as a foreign entity.

Their website reads: 5 year fully amortizing loan No credit check No income verification No prepay penalty Foreign nationals eligible 6% seller contributions allowed Just 35% down payment required Appraisal required and property must appraise for at least the sales price of the home (will consider physically distressed homes, but no burnouts) Title must be clear of all liens and encumbrances Close in one week Borrowers can be US residents, foreign nationals, corporations, partnerships or LLCs (proof of good standing required) Loans made to investors only Purchase money loans only (no refinances) Properties must be single family residences (1-4 units) No manufactured, condos, log homes or vacant land Minimum loan amount $20,000, maximum $100,000 Limit 5 loans per borrower at any one time (exceptions considered but not guaranteed) States where our loan product is available:AL, AK, AZ, CA, CT, DE, FL, GA, IL, IN, KY, LA, MD, MO, MS, MI, MT, ND, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WY.States where our loan product is NOT available:AR, CO, HI, ID, IA, KS, ME, MA, MN, NE, NV, NC, SC, SD, WI.Unfortunately WI is on the list of "not eligible" however just thought I'd throw this out there.

Hello I Am also in search for an accountant that deals with foreign investors.

I don't know of any Chinese national living abroad ever report  foreign income to Chinese government and I suspect this policy would ever have any material impact on US real estate market. 

I'm just trying to make sure there isn't a possibility of being double taxed and if that even happens in any states (foreign state investing)

You'll need to "qualify" the CA LLC in those states by registering as a foreign LLC.