I can only say that from our 100s of clients in your situation who are helping family in India and Pakistan own in the US, it widely depends what rules and regulations to follow based on your facts and circumstances.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence other investment in Rogersville.

I'd even recommend looking up on public records of some beat up small family in the area and calling them personally to see if they would sell you their property that needs work, especially if they owned it over 10 year, that usually means they are tired of it, and investing in bigger projects. 

I was going through the price history on a commercial property my family owns.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Elrod.

Investment Info:Single-family residence buy & hold investment.

I have a family in one of my long term rentals.

Investment Info:Single-family residence buy & hold investment in Miami.

MY wife and I aren't some sort of big time multi family real estate agents, but we have done a deal or two a year and have had some success just starting simple (we started by house hacking a duplex), and have incrementally increased our projects.