@Isaac Geller As a foreign investor I definitely  think that you are on the right track looking at passive RE investing (as opposed to the direct route you were considering). 

Since my first comment in the chain, additional people have chimed in to say that the market will never go down againBecause foreign investorsBecause California Because some people don’t need to make money YaddaYadda YaddaNone of these factors existed before this current cycle?

I've tried a couple of lenders but they have a minimum purchase price of over $100k in order to be able to lend to foreign nationals.

In my architecture background I had no experience in dealing with financing so that is a foreign world to me. 

Most of my investing has been in North Main and the Augusta Road areas...urban lifestyle but good schools, affordable living, and convenience to everything...it's a gem.Regarding #2, yes our redneck homes are pretty affordable for many northerners...my neighborhood is mostly transplants and foreigners.

My wife and I are pretty committed to REI as our path to having enough to use our time for things better than money – maybe eventually in foreign missions.

What is the process to make my foreign assets count?

.- No annual report- No Annual Fee- No state income tax (c corp filing for tax not s corp pass thru)My question is basically, will I need to file biennial in Indiana if i register as foreign entity in Indiana (I assume this would be necessary to have a rental property with income in that state)I am less worried about the fee's for registering, but more curious about ongoing maintenance.From my perspective, if i have to spend a bit more money to register as a foreign entity in Indiana, but I don't have to file each year, the extra cost would be worth it to keep this thing low maintenance.Any thoughts or suggestions welcome.Thanks!

A letter certifying it can be wired and available in US funds into a US based bank that has foreign origin. 

Also, based on location and size, I'm assuming the purchase is well under the $1.5mm threshold for FinCen, so the SCorp members wouldn't have to reveal themselves, although I doubt they're trying to hide their identity like some foreign billionaire or something.