It makes sense that if the seller offers the tenant to buy the house and tenant declines then I would assume the only question is how long the tenant has on the remaining lease term--i.e. they can probably stay until the lease ends or may be encouraged to find another property to transfer their voucher to.It is amazing how DC has managed to increase the complexity of the rental housing market with these programs.

I hope this thread clarifies and makes for an easier understanding on this subject, your votes are welcomed and encouraged, lets see if we can get 20!

I highly highly HIGHLY encourage you to work with a professional who is versed in entity and tax structuring for internationals buying US real estate.

I've found that they don't repel mice as well as advertised, though it has reduced the spider population (I've only seen two inside the house this year).Another alternative is to encourage the tenant to clean with a peppermint based soap.  

The V2 would seem to have great appeal in my local market, as they feature clean, European styling and a variety of desirable options including the possibility of multi-family units.

Colleen,Some would encourage you to diversify your portfolio into a number of different currencies others might suggest precious metals.

Buy and Hold Chart of Accounts should include the following:Assets:Checking AccountSavings AccountTenant Deposit Account(if you have all three - if not, whatever accounts you have)Mortgage Escrow Account (set up as a checking account)Rents ReceivablePrepaid ExpensesProperty AssetOther Depreciable Assets such as Furniture & Fixtures, EquipmentLiabilities:Accounts Payable (if you're using a feature where you record your bills to be paid, then pay them out of the software.  

I'm still learning all the great features on this site.

I would encourage you to check out both REIAs , CIREIA and INREIA both offer the investor education and networking.

This is one of my favorite features of Bigger Pockets especially for asking specific questions.