Sorry Bay Area readers, your $1.2m fourplex house hack will still need to be FHA 3.5% down w/ FHA MI.You will sign a document promising to live in the home for 12 months.

I don't read the news much, but I can't think of one time either of those two places made the headlines unless there was a tornado or something...And just to handle a potential objection that always pops up when people decide to invest 1,000+ miles away from where they live:Objection: Properties are more affordable there than where we currently live.Objection Handler: You can get a "more affordable" meal off the dollar menu at McDonald's, but I bet you don't go out to eat there on a Friday night. 

The latter half of this document you should utilize the principles involved in the second part of your question – how "could" this property be doing?

Disclose everything that you would want disclosed to you if the roles were reversed, and document the understanding and agreement. 

Knowing what I know about the region from real estate and tech industry news, which is just enough to be dangerous, I would not take any equity out.

The IRS will only issue ITINs to those taxpayers who include original documentation (meaning passports, birth certificates or certified copies of these documents from the issuing agency) with their federal form W-7, Application for IRS Individual Taxpayer Identification Number.

Earl, many of these offered may have tenants on a month to month basis and, good news, this may be about the closing time frame.

If you are soliciting investors, you will need a securities lawyer to prepare the proper documents to ensure you are exempt under Rule 506 of Section D of the Securities Act.

I see you are in San Antonio which is great news for me.

I have been using Philip Forbes over in Newport News, his office has been very helpful for me.