Hey there @David Tang - I actually didn't ever hear of a program that was offering a 12 month stipend...someone I know did it back when it was 6 months and now my understanding was a 3-month stipend with a potential renewal for 3 months.We have wanted to use the Chicago program ASERAP (happy to share their contact info), but fall in line with others regarding employment...the most important thing is income to pay after they move-in because if you get into a sticky situation down the road the upfront rent won't matter.Definitely following this thread to see if anyone has placed migrants and understand what they did for income requirements.

Check with a local title company and ask if they'll insure title and if so what would the requirements be. 

But generally speaking, investment properties require a minimum of 15-20% down and sometimes 25% for first time investors or tricky/unique scenarios.

This number/data is always changing, but usually, A cold lead can require anywhere from 12-20 touches before they even consider working with you.

Michael, something I want to add to your spot-on comments; I see a lot of inexperienced STR buyers, buying a property to be a STR either on their own (FSBO or through the listing agent), or through a buyer agent that has little to no experience with STR's and who doesn't have a a great STR network, strategy, has no ability to analyze a property's STR potential, doesn't know how to assess and recommend remodel or what it will cost or how long it will take and what's required by city/county, etc.

I would highly recommend leaving electrical and plumbing work to professionals, and your area may even require work to be done by licensed professionals.

I would assume/hope since each person is there they each get to claim 2 hours and since spouses hours are combined that would mean 4 hours to each couple towards the 500 requirement. 3.

No loans were involved, so I had no more cash at that time, and "the cart was still there" - that is, the house required a GIGANTIC investment (and they exceeded the planned).

I'm currently 60k under list (-13.9%) = 187k per unit Should I just shut up and buy the thing with the amount of cash required to close?

Also in addition to what @Lucas Carl said, have you looked into licensing requirements to be a PM for someone else?