The bill would maintain the state’s preemption against newly approved local eviction restrictions through the end of June.

Andres,Conventional loan products are generally restricted to two purposes - owner occupancy or long-term rental. 

We also do not have the seasoning restrictions often read about in the U.S.A.The forced appreciation play - buy, renovated, refinance - was around long before Brandon and BP started saying BRRR.   

There are no laws or restrictions that prevent any individual of any foreign citizenship from purchasing or owning property in the U.S. as we can buy property In foreign countries I can’t see what’s stopping you.

My duplex is in Garfield Heights, Ohio and purchased for $122k.

This would not be acceptable under the IRC and would have to be constructed for the IBC as an apartment building.detached one- and two-family dwellings and townhouses not more than three stories above grade plane in height with a separate means of egress.

In Chicago, there are rules, restrictions and guidelines you would need to follow to do something like this.

Assuming  the state where you live has no restrictions on these things.

For example depending on height you may need to add elevators in the building and that alone would require a large amount of structural modifications.

We hold it on the first Thursday of the month in Cottonwood Heights at The Huddle.