Then you need to add in pain in the *** factor, which for an older expensive property while you live abroad is quite high.

I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.

My experience indicates that solid due diligence upfront on the economics is the critical factor, the tax aspects often take care of themselves with only modest planning.

Quote from @Kristie McCleary: Good morning, I am considering purchasing a quadplex that is in Commercial zoning.

Quote from @Vince Nguyen: Good morning BP.

The loan amount will typically be determined by appraisal (LTV - loan to value ratio) - but your qualification will also be based on other metrics like you mentioned - DSCR ratio, FICO and some other factors. 

Bigger Pockets is a great place to learn and connect with fellow investors.What was the key factor that helped you make the decision to invest OOS? 

If the house is listed as-is, there won’t be much room for negotiation (ie. seller concessions/credits), but you can offer a price that factors in the rehab components.

As of this morning, WSJ Prime is 7.75%, so I would expect the rate to be over 8% at the very least.

The critical factor is whether the property owner can demonstrate that the sale or settlement was made under the threat or imminence of condemnation.