Hey Everyone, I know there are tons of posts regarding seller financing but I didn't see any that referenced FIRPTA (and yes I read the bigger pockets guide to seller financing). So heres my problem: I am in talks wit...

Do they have an internal title company that does the Subject to title closings? 

Which still makes sense given there are still solid reasons for international investors to place money into USD backed assets. 

Even though the Assocation insures most of the building elements, you as the unit owner usually own some of the elements (determined in the bylaws) such as cabinets, sinks, sheet rock, paint, floor coverings, internal electrical or plumbing, etc. 

The key is to make sure it's structured properly with the internal costs. 

In the end, I found local small PMC that perhaps only has 20 units under management with one or two strong leader, is way way better than nationwide PmC with 50,000 houses to manage and depend too much into internal process,law or order.

Many international students rent here and after running some numbers and an analysis based on today's and the past trends, it would make a great long term rental as well as appreciate nicely for a sale later on.

Lethbridge, Medicine Hat, Red Deer, Grand Prairie are all decent sized and have their upside.

@Lloyd SilverAs a resident of both San Francisco and Grand Rapids I can tell you the same things that attracted out of state and international investors to Grand Rapids remains unchanged.

You really want to get a feel for this person, if you like them, if you'd trust them to remain accountable if the deal goes south -- be super picky and make sure they have both experience and internal qualities that you want in a "partner".