Just keep in mind that it might take a little effort to find a good property manager if you are thinking about doing a typical 1 one year lease or something like that, however, if you are thinking about short-term rental you have a bunch of management companies with different commissions and the option of a guaranteed rent but it goes back to location when it comes to rent potential.Good luck and if you need any help with the language or boots on the ground reach out, right now I just take any chance to be around investors and deals.Best regards,Diogo Cândido

You'll likely need to get creative to structure their return in a way that the bank will allow (likely a preferred return  where they are not "guaranteed" fixed timely payments but instead are promised the % return but it is only payable AFTER the bank is paid and when the cash flow allows...you still owe them the agreed upon percentage but it doesnt have to be paid out until the property can afford it.)...this is just one idea...there are literally thousands of ways to skin this cat! 

He is pushing it because it is a guaranteed return of 5% and it is also tax free.

You seem to care about how this impacted everyone so I understand the stone you have in the pit of your stomach, but I can guarantee that the next deal you do will be both smoother and less stressful because of what you'll have learned from this one.Good luck in all your future endeavors!

Hopefully, after the next year I can make a monthly profit on it and will hold onto it for the next couple years until I can sell it for a guaranteed profit.

I would cancel escrow without price concessions and maybe buy it at a reduced price in the future.Your right Jay every mls listing should have a disclaimer for buyer to verify info deemed reliable,but not guaranteed .

Also, this Board may look the other way, but there is no guarantee that the next Board will feel the same way.Ask the Board what the turnover rate is for rentals/sales here.

The primary reason that I was renting was that I was living in fairly high cost of living areas (Hawaii, San Diego, and now in the UK) and was only guaranteed to be living in each for 2-3 years.

It's not a guarantee ofcourse but.... 

They require a personal guarantee so will look to your personal financials, regardless of the LLC or not.