The recipient of the property – the buyer, transferee, purchasers’ agents, and settlement officers are tasked with holding back 15% of the purchase price, rather than paying it directly to the foreigner investor.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment in Crescent.

On the other hand, if you only have a $15,000 renovation budget and you plan to put tenants into the property in 3 months or less, a No Monthly Payment option would make more sense for maximizing monthly cash flow.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I really enjoy the property manager, they're getting 4.9 reviews for it and their team is great to work with.But I’ve only had a handful of profitable months, most of the time I’ve been paying either the mortgage myself or unexpected cleaning & maintenance bills, and my savings has run to zero, so it’s a big loss so far.

The LLC question was Bill's assumption, I didn't bring that LLC structure in my initial posting because I didn't want to complicate things...but you both are right, it is part of the question (although not from, or not only from the 1031 exchange perspective): what is the best structure to hold these properties?

While I have some liquid cash on hand to kickstart my journey, I'm keen on optimizing my resources.Initially, my strategy revolves around engaging in fix-and-flip projects to generate capital, with the goal of transitioning into mid-term rentals.

No they don't get that in cash in their hands, that's loco. 

Madoff is in his grave going "Hold my beer".