Managed correctly, there should be little or no tax implication.  

@Emre Dura you may want to connect with @Drew Sygit to discuss this in further detail after reading below...All foreign investors owning U.S. rental property are responsible for paying taxes on any and all rental income they earn in the U.S. regardless of any tax treaties that may exist.Since some of the regulations and requirements can be confusing, Logical Property Management (LPM) has created this document to summarize the options for a foreign investor.

He has a big business, managing 1,500+ doors.

We would have a positive cash flow of 150-200$ after property taxes and property management fee.

@Walter Moneypenny As a Professional Property Manager, we use many sources and avenues to find tenants for your owners.

I'm hoping to connect with Property Managers and Contractors for the following: - Experiences/Advice dealing with the Section 8 housing authority- Get an understanding of cosmetic rehab costs for the area (i.e.

In my opinion if there is profit to be made why don't you pay a designer to furnish it and turn it over to a property manager and cut out the arbitrager middle man?

I don't currently own/manage any STRs, so I may not be of much help on the operations side of them. 

And if your property manager is asleep at the wheel, fire them and do it yourself. 

I've used them, and I know a lot of professional property managers that do.Obligo is a "billing authorization" system.