It is always good to build your network locally.

@Nitin Gove check with the new builds what the guidelines and restrictions are for rentals.

LOL So now each of my LLC's that has a different project has to have the developers license. its a pain there is no test but its a bond and insurance and not every one can get bonded these days.I know having done a lot of work in Chicago how tough that city can be as well.. no one is going to teach you this you just kind of learn it.so bottom line unless this person has some very narrow niche // or its just a raw raw thing to motivate you  chances are there is nothing unique and I am not talking about getting rich with tax overages or some of the other things that get recirculated constantly. 

@Mohamad GueneCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

Those who have yet to buy a home (millennials and younger) are going to get completely screwed and have little to no ability to build wealth on their own through real estate due to cost of housing compared to incomes and the only way they will be able to do it is from mommy and daddy hopefully having significant equity in their home.

I believe the play is to either improve the existing building and raise rents or the zoning allows for apartment buildings and the lot is considerably big, so maybe build new.

The key is building a big enough portfolio that one property won't affect you no matter what happens to it.

Hi Team,I'm looking for recommendations on the best established and up-and-coming spots to purchase a turnkey rental or buy land and build from scratch in Central and South America.

, or single-family home (open to finding one that needs to be rehabbed to build sweat equity).

@Andrew BoscoYes, the rule is that foreigners can't own land, which means that, in a condo building, foreigners can't own groundfloor condos.