I would call around to some local agents that regularly rent properties in Richmond and do your own internal rent survey.

@Tyler Howell tenant selection is the most critical component of residential rental properties.

Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

We have several international partners in town for a few weeks.

Really opened my eyes to more sophisticated methods for evaluating potential deals.Especially, Internal Rate of Return (IRR), which judges an investment against other investments.

I am also learning/investigating about international property investment.

Always... it's just an internal form.

That would make it a construction/term loan for this bank - higher origination fee, higher interest rate on the construction money and harder to approve internally.

I have done some preliminary reading but would like to know if someone has more experience in international lending/borrowing and could provide their insight. 1) What are the tax implications for the US side?

As such, you can see a bidder synopsis.You are seeing a set of numbers that take the offer price, subtracts the three components of the commissions, and then the bottom number is the minimum acceptable to HUD.When you are counterbidding, adjust your offer until the BOTTOM number matches the counterbid amount.Never forget you are dealing with "the evil empire"... no emotion... time on market, fixed percentage discount... take it or leave it.