I also work as a RN and looking to transition to real estate full time eventually.

Went through extra fast because the developer really had no other good optionsI doubt we'll know the full details for years to come but I'm curious if you have an opinion, or if there's other probable options C,D,E I could be missing as just a public bystander to the situation @Rene Hosman It's very rare that anything gets done quietly behind the scenes.

However, I don’t have a US-based W2 (but work full time for an American tech company in their London office). 

Quote from @Ricardo Polanco: Good evening everyone, I am evaluating the possibility of buying a multifamily property in Scranton, at this moment it has 2 apartments that only need cosmetic repairs and it has a big 2nd floor unit that needs a full repair.

This community is full of knowledgeable investors who are eager to share insights and experiences to help you on your journey.To make the most of this platform, I recommend asking very specific, detailed questions.

I'm an Air Force vet and reservist that got my start investing in real estate part time and eventually swapped to full time!

I would to use my equity in my current home to start investing but my current property needs work, like a full rehab.

But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need,  combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.  

I was wondering as an American citizen, does anyone know of a good resource to check for what I would need to purchase property to live in permanently, full time on Madeira island? 

And it doesn’t end in closing the deal; it's the beginning of an extraordinary transformation to come with a full renovation and redesign!