It is a credit union that I have HELOC with.Plan to establish a portfolio lending relationship with a local institution within the next year.Looking for anyone who already found a portfolio lender near NYC.

We have a HUD house under contract and are in a 10 day inspection period and called to have utilities turned on for the inspector.

I'm looking to continue the good money management and saving practices I've established and put what money I was putting towards my student debt into real estate. 

@Ryan DonohueThat template could be great for utilizing tax records and the appraisal district's website.I'd like to explore what excel can do for me with databases as well.

@Mitch MesserA foreign investor is only insulated from subsequent dances with exchange rates if s/he establishes an incorporated entity in the U.S.A. to hold their investments - they will have to pay U.S.A. taxes at the corporate rate, but can chose if and when they repatriate any retained earnings.  

@Cameron PriceAs to your question about entity structuring and establishing a Solo 401k, that is a good question that likely gets beyond what could easily be covered on a web forum.The 401k plan is established by an employer.  

Recent/current renters include:well established attorney who went through a divorce/medical issues - $850/mo;IT professional, 15 years with same company - divorcing - $900/mo for bedroom at lake estate;IT contract worker with home & family elsewhere - $550/mo - unit was "empty" 2 days from previous renter; This rent is more than previous real estate broker landlord got for entire house!

That being said, there are setback laws that establish a minimum distance between a surface structure (aka a house) and development equipment (like an oil well).

In Exchange for allowing us access to these funds:My wife and I will continue to rent out the home and cover all utilities and the mortgage. 

That is 1 vacancy/unit/year.At that price point is the landlord expected to pay any utilities?