So that product is not offered turn key generally.The you take many foreign investor or CA investors who basically had no clue as to the difference between ABCD type properties and thought they could buy a 35k home in Memphis and all would be well.. big demand from marketing companies on the west coast for the product because so many can afford it..

The LLC is chartered in California and I understand I will need to register it as a foreign-LLC Texas.

Randy Hughes has a good course especially good for the buy and hold investor, but I've taken it beyond in my rehab to resell business and wholesaling.These are the my favorite reasons:No need for double closings, merely sell the beneficial interestNo need to foreign file your entity in different states as the trust is a pass-through entity.Anonymity.Save money on transfer fees.No cost to setup a Land TrustThe list goes on and on and on.

You may have to call to combine files if a subsequent DUNS or BIN gets assigned later.You can either register a new LLC in the new state or register a Foreign LLC in the new state and keep the original LLC in the old state.

Give it another 2 to 5 years and still no guarantees since with fiscal cliff we have looming issues with debt that is directly related to another issue the coming currency crisis.

As a Canadian, you also have to be aware of 'foreign affiliate' issues which your accountant should explain to you.

I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our discussion:4735.01 Real estate broker definitionsAs used in this chapter:a)“Real Estate broker” includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to power of attorney or otherwise, and who for a fee, commission, or other valuable considerations, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable considerations does any of the following:1)Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;2)offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;3)lists, or offers, attempts, or agrees to list, of auctions, or offers, attempts, or agrees to auction, any real estate;4)Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;5)Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretakers, or janitor, any building or portion of buildings to the public as tenants;6)Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;7)Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;8)Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;9)Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.Therefore, I believe that if you engage in the actions we discussed, it may make you and/or your business an unlicensed real estate broker.  

My experience is that many foreign investors like Nevada LLCs because they are relatively inexpensive and can provide anonymity.  

Listing was completely as advertised, and VRBO mistranslated it on a foreign version of their site.

Without getting into nuances of federal law friendly foreign service personnel are afforded the same rights as US military personnel.