Both fair and properly incentivized in our minds.

Was hoping someone could provide some recommendations for how to go about doing the proper research outside of the US.

You become the SME (subject matter expert) and then weapons go hot, execute. 

One thing that has held me back is my fear of handing the financials properly. 

So make sure you balance that scale out properly. 

It doesnt look like that will be an easy strategy to execute in this area. 

Which means upon default of the sale you do not have to foreclosure, may may take non-judicial repossession.Can anyone confirm if this means you could sell on owner financing and evict upon default with a land trust and proper agreement?

@Evan LoaderYou definitely want a more experienced CPA when it comes to K-1's / Passive investments.I have seen issues where new accountant's will not properly carry over passive loss carryforwards.I have also seen issues where accountants will file state returns where not required. 

Good customers breed good customers, if properly "feed" to do so. 

For either city I am open to long term rentals but would prefer if one unit could be used as a short term rental so that during my visits I can used it myself.Neighborhoods to consider for STR in Chicago Proper- Just about anywhere North of 290 except maybe Austin and West Garfield Park; Some good targets south of 290- Lower West Side; Bronzeville/Oakland; Bridgeport; Woodlawn (Near the University); Hyde Park (Needle in a Haystack); Kenwood (Needle in a Haystack); Grand Boulevard