We have an intern who is wrapping up at ASU this year.We primarily focus on unimproved land all over the country (& some Canada) and have found that very profitable and we can do it from ANYWHERE. 

So here are solutions that I provide clients all over the country.1. 

There's the standard procedure to do that with no tax implications for me in that country, but I'm now US resident and I don't know if I need to report anything to the IRS on my tax return and couldn't find anything on google about it.

@Rich Hupper timber is not universal.. what is valuable out here in the west may not be the case out your way.hard woods are not nearly as valuable as soft woods per acre. simply because of how they grow.think of pine and doug fir trees.. 3 feet around and straight up for 100 feet  and a stem every 5 to 10 feet.. think of Hardwood big trunk big canopy stem every 100 feet plus.. simply no where near the board feet per acre.Its not uncommon in our area to have 50k bd feet per acre were in hard wood country it could be a tenth of that. but I digress into logging minutia that most folks could give a rip about.. but I made millions doing it  LOL.. so there. !

We underwrite and broker Single Family Rental (SFR) portfolios across the country and we value them just like all the apartment communities we broker.

So people come in from all over the country to train here, and get loosed on our market to practice their testing.

Managing rentals on opposite sides of the country is a tricky proposition and you might be better served with another investment class.

Re: Closing, notary, poa optionshi all, I'am out of the country, this is a proactive question, no contract/deal specific.What is acceptable, and least pressure on me, being out of country, and acceptable solution for smooth closing?

Account Closed my opinion as someone who also moved to the area from another part of the country is to learn the local market first and where you might want to invest.

BP is a great conduit for RE investment insights.My company is a private buyer and private lender on low ARV $ SFR properties throughout the country.