The catch is the seller wants to do a all cash deal no time for banks etc.The down side is one apartment is not legal/unofficial and investors are afraid that we will not be able to pull the money out via refinancing or worse get in trouble with the law. 

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Haha good catch.

Only four weeks of advertising - if you catch the calendar on the right week to begin the process.

The catch to those is most of those go site unseen, meaning that you typically cant get into the property until you buy it.  

The catch was I had to pay a higher VA funding fee the second time.Hope this helps!

I didn't catch that there were responses here.

my concern, as others have alluded to, is If you catch her up on rent with her security deposit, in a month and a half you'll be in the same position except without a buffer in case the place is torn up

Or there's a lot to catch still?

It is a catch 22 situation in many ways for the foreign investor.This might be a motivation to refi now and contribute into a domestic entity that your accountant can set up so you can avoid the FIRPTA trap when finally ready to sell.