It's an international company so it will have to go through several more people before I know weather or not they will amend it but fingers crossed.

The legislation here is not conducive to new start-ups and I do not foresee any large employers moving here.

I am not a lawyer and this is not legal advice.What I've heard is that what the Missouri Legislature was trying to do was require that the tenants' security deposits be kept in a separate bank account, and not mixed in with a landlord's other funds.However, calling it a "trust" in the legislation technically means you need to get a lawyer and set up a trustee and file some paperwork and a bunch of good stuff that costs at least a few hundred dollars.The landlords I know around the KC area have been taking one of two approaches:1) Set up a separate bank account at the place where you do your landlord banking. 

We have had plenty of internationally located investors hire us as a part of their team and purchase properties without every coming back stateside.  

Day to day management for the landlord would all be "internal" items like collecting rent, taking tenant calls, dispatching repair services and screening new tenants.  

Also international investors as well.

Thus, S-corp becomes more valuable once you start making more money.Any advice contained in this post is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter that is contained in this document.

. :)But...I also think this will be temporary as legislative bodies (federal and state) will step in and bring the third party debt buyers into the fold.

Some exceptions exist for estate planning.If you have some other type of loan it will depend on the lending institution and their internal guidelines.The insurance carrier is usually the one that alerts the bank, but the bank might also learn about it through their usual tax records analysis.There are members here on BP that have had the due on sale clause invoked by their banks, so it is a risk.

Hello Earl, I am interested in networking because two colleagues and I are young and just looking for mentors or advice and we are also interested in possibly an intern or assistant position.