(I give these specific examples, because I have brought multiple owners over from other management companies that have done these exact things)Also, on the foreign investor side, management companies sometimes are weary to take on those investors for fear of scams.

(I own/manage 5 units, two of them to mostly foreign grad students.)I have tried to be patient, because I have been a tenant in a foreign country myself...but this guy showing up at my door unannounced with the rent check really sent me over the edge today. 

So I'm just wondering if you guys know if there are any particular rules for foreign ownership of residential property in the US?

I believe each foreign entity will also cost you $800+ per year in CA, no? 

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

I am a licensed managing broker and primarily only work with investors(foreign and domestic).

Miami is so hot, and has so many foreign investors that don't seem to care about values and cap rates, that wholesalers can move properties for higher prices, closer to market value.  

Are you a US Citizen or Foreign National?

@Princess Lukhele  REAL ESTATE Scheme's born out of foreign ( at least foreign to US) rarely have oversight.. not that there were not plenty of Aussies selling Ghetto WAR zones as Grade A investments because there was.65,000 investors is a lot of investors..

If the euro collapses then european investors will throw their money at the dollar and foreign investing.