Quote from Account Closed: We highly recommend to our clients they use some form of asset protection.

You need to be a resident and/or earn enough income in the country (and the income earned overseas won't be taken into account in the qualification). 

Do you have emails back and forth with your accountant regarding pricing, strategy, etc? 

Kicking myself for not growing our portfolio sooner but better late than never I guess.Here's the thing - We don't live in the US, my husband is a US citizen but since he hasn't lived in the US for many years he has no credit history.Now comes the fun part - we are in a lot of debt where we live (like $115k in loans).

I helped a client/brother use one, worked in a seller credit during the inspection period, he ended up getting paid $9,100 at closing since he was putting 0% down.

However, for a landlord who has things together, they are better off budgeting for capital expenses and maintenance and having some reserves either in the form on savings or even an open line of credit to access in case a significant issue arises.

Account Closed Mom would be a disqualified person on an SDIRA. 

I'm going to preface this with I'm not an accountant or certified tax-preparer but the previous advice seems slightly off (maybe based off old forms). 

If some little old lady qualifies and has good credit, rental history, what's the issue?

So, no accountability for these tenants.7) Around 2020, all S8 inspections in Michigan stopped making tenants accountable for damages they obviously caused.