The reason for my confusion could be that I read another thread where it was the Reverse Mortgage Institution who was selling the "Owner"-Occupiers property, and the responses there suggested that was nothing out of the ordinary, since the Institution was already paying out that Owner per their reverse mortgage arrangement, and could continue to do so even if THEY sold the property to another party.

i just put an offer on my first place and continuing to take referrals for options. i will message you shortly. i appreciate any feedback!

Look forward to exploring the BP website, and will continue to listen to the podcast. 

Maybe as the discussion continues I will remember.

I currently work for a property management company in SW Florida.I have enjoyed learning about investment real estate, and hope to continue learning on this forum.Thanks for welcoming me to such a great online community!

You should continue to pursue what you are doing.  

The numbers are submitted to my abroad clients and evaluated for sign-off during due diligence process (full disclosure), from there they sign off and we move forward with the purchase (long story short).With that said, if you take the above route your going to need:US Bank Account(s)Corporation/LLCPower of Attorney for either your RE Broker, Accountant or AttorneyAmerican Consulate for Notarizing (i.e. the Deed, Memorandums, etc.)US to Israel Mailing Service for Business Operations (i.e.

Perhaps you should continue to explore Airbnb & list your rental with them

Continue to honor it as is.

So that essentially kills -$1,050/mo temporarily.While we are occupying the property:Effective Income (2/3 units): $1,932/moTotal Operating Expenses: $1,128/moNet Effective Income: $804/moPITI: $1,145/moCash Flow: ($-341) ..not bad considering I've been paying $1,100/mo in empty rent checks.