When it comes to getting approved for a loan, the process can be a bit more complicated for foreign citizens.

And before getting too far along in the process it might be worth doing a title search to check on any potential liens on the property.

@Eli FazzoHappy to jump on a call with you and walk through the 1031 process.

But the IRS allows this deduction to both of us, due to them taking shortcuts in their auditing process.

I’d love to connect with experienced landlords and investors who can share advice on getting started, selecting properties, and navigating the Section 8 process.

Would love to hear your process!

The process is easy:1) You’ll receive a disarmingly simple one-inch-thick three-ring binder containing your plan documents.

Implement documented repeatable processes to reduce errors and improve service levels.By being efficient, and cutting some of your costs you can hire better talent with the leftover cash. 

@Alex Washburn makes really good points - the process is definitely not easy. 

If you are just downloading data room info from brokerage sites and plugging into a model, you are refining your skills on the "act", which is certainly necessary and helps make the process faster.