I told my buddy, who is in another country, about this and he immediately became interested, he has money laying around that he would like to invest. i haven been looking for information on how to buy real state (to  later rent) in a partnership or LLC with a foreigner.

I have never used vemo so I don't know how it's tracked and reported. 

You normally give great advice, but I need to disagree with you on not reporting rental income.

@Mark DiPietro Instead of paying for an appraisal before you refi, you can find a good real estate agent or possibly the agent you used to buy to give you a comparables report.

View report*This link comes directly from our calculators, based on information input by the member who posted.MY second deal i analyzed trying to get better!

Coordinating inspectors to pull reports across 5 different properties can take some time depending on the market.

A lot of foreigners too like to visit Disney and that area.

View report*This link comes directly from our calculators, based on information input by the member who posted.

If you don't comply you will be forced to evict her and will go on her credit report.

One think I learned from another investors mistake in my market is that when a flood claim is made, the insurance companies report that to the city building permit department.