This type of discrimination is known as “source of income” discrimination, and though not prohibited under federal fair housing law, it is prohibited by some state, city, and county laws.

Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.

I wouldn't say new, per se, but it is definitely a popular one now that flipping has lost some its luster.

Hey, Section 8 is the FEDERAL RENTAL ASSISTANCE PROGRAM.

ETFs like SPDR and Vanguard are popular and they have versions you can buy that are more heavily weighted with aristocrats that yield better dividends. $6-8M portfolio in one of these will yield $200-400k truly passive dividend income.

@Jared Aquino Hi there, while a lot of people on BP advocate for OOS state investing in the Midwest (Cleveland is very popular), I’ll just mention that we’ve found great success in CA in MF investments.

So it will be federal and state based on your bracket, and then about 15.3% SE tax. 

If it’s on one of the streets over towards Federal with a bunch of C- quads I’d pass but if it’s in a nicer part of Westminster I’d be in.

I could maybe put in 300k of my own and finance some more through financing on those properties.From what I understand, as a foreigner we pay 30% federal income tax on rental income, but via an LLC, we can deduct the same expenses as a local investor off the income, if we file a tax return.

Make sure its above the IRS Applicable Federal Rate (AFR).