There's no fundamental reason for a bunch of people to lose their homes and create another supply glut.Currently, flippers, investors and foreign money are getting out while actual prospective home owners are starting to get in due to improving employment.  

We currently have a luxury end property in our portfoilo that we are marketing to foreign investors.

This means that you will either need to set up your entity in that state or register it in that state as a foreign entity, which could add to your costs.2.

The beginning stage is so foreign to me that I don't even know where to begin.

ML/O should work for foreigner, thats the next question.It´s gives so many good MFH for sale in the US and I found no one with ML/O.

I would form the LLC in the state that the rental is in, otherwise you'll have to register it as a foreign LLC and pay the additional fees anyway.

Meni BenishI left Georgia 28 years ago and immigrated to Israel as 10 years old kid. i am in the online marketing business and doing well.I was invited by my father for a business trip in to Georgia, which is between Turkey and Russia, on the Black Sea beech.To tell u the truth guys, I was totally shocked out of the development and the amount of new buildings and amount of foreign investors I met in the Marriott Hotel in Tbilisi.I made a small research and found out that most of them are there to find out about real estate opportunities...During the last year, I got involved with 2 different partnerships, and started a huge business of Constriction, Property Management and Capital management in Georgia.We already invested more than 10 Million USD in Georgia, in 4 different projects, and the prices are just raising day by day.We can currently offer apartments, agricultural plots, plots ready for constriction, projects with full building permits, Tourism projects and more.We have local partners, local low office providing all the needed services for our investors.I will be at your service!

especially being a foreign national.Thank You.

For example, if it's a foreign national that has returned to their home country it's not likely you will ever see money even if you do get a judgment vs a federal government employee with a security clearance.

It will take a few years to get it turned around and flipped, by which time you will be back in the U.S. and ready to go solo.I would wait for a year or so to convert that $15K into a reasonable sum of money to be used as your capital contribution.BTW, how do you like the Foreign Earned Income Exclusion?