I learned a few things that non-US resident can do who wants to invest but lack funding and also avoid U.S.

I am a non resident alien.

Since this is a non-owner occupied property, the SAFE Act may well apply, you'll need an attorney or a mortgage originator

I can confirm what Dawn says, nothing specific about late fees in the WI code.Related: In order to deduct unpaid late fees from the security deposit, you must specify that you may do so in the "Non-standard rental provisions", otherwise it will be an illegal sec. deposit deduction.

However after doing some research I am wondering if the Buyer paying for a home inspection per the agreement (which provides benefits to both parties) MAY QUALIFY as consideration since there is a (non monetary) value exchange to the Seller by way of providing a third party inspection to be used in the disclosure and sale of the property.I'm curious if anyone has encountered this type of issue before?

I would allow 7.5 to 10% for vacancy and non collectible and with 3 doors average at least $2000 to $3000 annually for maintenance.

A special thanks to:Josh Dorkin and Brandon Turner for the insightful and entertaining podcasts;Ali Boone for sparking my interest in Turn Key investing;Bill Gulley for sharing your wealth of experience through your many posts on mortgage notes.My day job is in Medical Sales, Major Accounts Management, but my dream job is to be a full time real estate investor like many of you.

I would suggest trying to find a non-FHA buyer at this point, and be very careful of this situation in the future.

We've ivy league, medical, HBCU, engineering, sports etc higher education right in our town.

There is enough reserves to cover the mortage in the event of several missed rent payments and there is enough cashflow in the property that the account is continually building higher reserves despite the mismatched due dates.You are trying to create problems with your tenants by imposing non-standard due dates in my opinion.