Each lender will have different internal rules about who will be on the personal guaranty based on the %age ownership within each JV member.Much success.Bob

Analogy: To keep an internal combustion engine running, the engine has to keep exploding little bits of gasoline. 

As I read it comes down to the doing business in California, but since I'm continually serving internationally I am not actually doing business while residing in the state.

I move all the profits into my IRA tax free and have no worry about the future legislation around 1031whether they keep it or not.

The reasons the rates moved even further down in the mid 30s is the increased demand on treasuries due to the new legislation aimed at stabilizing the banks and requiring that the banks hold government securities as reserves.

Axel Ragnarsson had a recent post in which he said it best:"The investors who scale their businesses quickly outsource almost everything… they don’t source their own debt (hire mortgage brokers), don’t manage their own properties (hire property managers or build a team internally), don’t sell their own deals (hire brokers), don’t do their own construction (hire contractors), don’t manage their own books (hire bookkeepers), don’t draft any of their own legal docs (hire attorneys), etc, etc, etc.

Banks do not like higher risk lending and do not offer nearly the spectrum of products for an investor that other direct lenders would have access to through their internal products and wholesale partners.

Unlikely the lender will be able to see international properties owned.

Hi all,today it took me 3 hours to open and escrow deposit account on td bank for my new tenant ( including the travel time) , and I am thinking if I travel for 6-9 month internationally in future and my agent find new tenant who provide me with deposit.

My company has an internal program with experts dedicated to these, and I would be happy to advise.