Luckily, we have great long term renters up here.

Hello BP community,I'm a newbie in real-estate world and am interested in dipping my toes with SFH long-term rentals in Memphis.

As long as you report this foreign income on your US Tax Return, then you can use that income to qualify for a conventional mortgage. 

As a result, we're seeing a surge in demand for long term rental homes - a trend that shows no signs of slowing down.

Negotiate "transferrable purchase agreement" with homeowner, price at that 60%+/- ARV number; contract for long escrow (90 days to 6 months, as possible)3.

I understand the long term investment profitability but, waiting for ten years and staying afloat if these scenarios became part of your situation, it looks like you need quite a bit of money sitting around to cover these types of predicaments.

Pete that is currently rented out to long term tenants paying below market rental rates.

That area must have come a really really long way since i was there for it be considered a good investment now. 

Rookie investor on Long Island looking ready to take the jump.

I had a duplex in FW long enough for it to be mortgage free.