I didn't find any challenge finding quality tenants by posting on FB marketplace, roomster, roomies, basically all of the websites. 

But Banks only fund the very well qualified generally no way a beginner is getting bank financing unless your basically borrowing your own money. 5.

He's basically wholesaling you a deal for an $18,000 fee.

For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return. 

I think it depends on the market.. they approached me on a furnished rental I had in Vegas (Summerlin gated community A class)  We got basically double or a little more of the normal rent..

We basically have been paying out of pocket.

I responded to your DM, but it's basically what @Chris Seveney said.

Well if you go together it could split it and get basically nothing - spend $2-3k file a lawsuit and get a judgment you are first in line… Also in many instances you can slap that judgment on his personal residence as well and foreclose on that.

Basically, there's no free lunch when it comes to taxes.Depreciating property lowers your tax basis.

What they are basically selling is that we bought $150k worth of appliances/cabinetry/carpets etc with the property.