However, many people might get less or even more than they had originally expected to sell it for. 

Originally posted by @Susan Maneck:Hi Eviano, I'm a JSU professor currently spending a semester in California taking care of my mother.

Originally posted by @Brian M.

Hi there,I’ve been reading various posts on this site and like the honest opinions that exist here.

I take this opportunity to correct a wrong assumption I had expressed in my original post: When a foreigner inherits a rental property located in the US from another foreigner, the exemption is not actually $60k.

@Glenn MartinI think your best option is finding a partner that is able to qualify for conventional loans and you can leverage your Existing Equity.

Originally posted by @Austin Petrie:@Mike D'Arrigo can you tell me more about what you mean by more rental opportunity?

Originally posted by @Michael Zuber:Having left the Rat Race this year after 15 Years of Buy and Hold Investing I find it is time to reflect, document and give back. 

Hi Patrick, A few things to think about:You'll need to find a property management company who will manage any deal that you buyYou'll need to meet the net worth and liquidity requirements to qualify for a loan You'll likely need someone with experience to also sign on the loanTypical structure between the LP and GP is a preferred return  and a 50/50 to 70/30 profit splitYou can have up to 35 non-accredited, sophisticated investors with a 506(b) offering, as long as you have a pre-existing relationshipAlso, do you have previous real estate experience?

Originally posted by @Brian Dudash:I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?