Clear Lake Investment Club Contact: Marilyn Smith Number: 281-335-3938 Meeting Time: 3rd Saturday of each month, 8:00AM Meeting Location: American Title Company 1325 Space Park Drive, Houston, Texas 77058 Web: http://www.clearlakeinvestmentclub.com Membership Cost: $100/year or maybeRealty Investment Club of Houston - RICH Contact: Randy Steadham Number: 713-947-RICH Meeting Time: 1st Saturday of every month, 8:00AM Meeting Location: Hilton Hotel at the University of Houston 4800 Calhoun, Houston, TX 77204 Web: http://www.richclub.org Membership Cost: $130/year Or maybe Houston Association of Real Estate Investors - HAREI Contact: Jerry Davis / Roderick Lightfoot Number: 832-594-5488/832-724-7430 Meeting Time: Every 2nd and 4th Saturday of every month Meeting Location: 2302 Fannin, Ste. 200, Houston, Texas,77001 Web: http://www.HAREIONLINE.com/ Membership Cost: $129.00/mo I hope one of these are somewhat close to you.

That's a great question, Marc, and frankly, I don't know the answer, but will call on Monday to find out how to handle potential tenants who don't have internet.That said, I've had section 8 tenants and know many others who work with low income tenants, and when needed, these people can access the internet.Consider this:Here is some data from the Pew Internet Project:In a national survey between November 30 and December 27, 2009, we find:74% of American adults (ages 18 and older) use the internet -- a slight drop from our survey in April 2009, which did not include Spanish interviews.

The American dream right!!

Richard, you don't sound very sympathetic to the poor unfortunate victims who deserved to live the American Dream by owning a McMansion, even though they could really only afford to rent.

American Invsco is offer ing 3% plus $6,000 per deal in may.

At settlement on Monday, I will get First American Title Insurance.

I would say you're better of using an American bank, even though your a Canadian citizen it seems as though you have nothing physical tying you to the area and nothing they can really base your loans on.

These funds often negotiate pricing down, and they have strong quality demands and if someone has done work for Blackstone, Colony, Waypoint, 643 Capital, American Homes for Rent etc, then they usually will have some credibility and won't be fly by night.  

Plenty of Americans want to invest there, and I would guess most of them are at least familiar with the Puerto Rican lifestyle and work pace, and what we really want is someone we can trust to help make smart investment decisions and get things done in a fairly expedient timeframe. 

But if you really just need a stopgap, there are some quality free landlord forms available from the American Apartment Owners Association.