Only public (wall Street) or local mortgage broker.

Partnerships add a lot of complexity to non-syndicated deals and the fewer the partners the better (per deal) for some investors. 

We typically use it to find non owner occupied homes here in California and out of state property owners. 

What are the tax-implications for you as a non-resident?

. $350k purchase price with 20% down at 5.75% APR with a 7 year balloon amortized over 20 years non recourse.

They even offer free classes in real estate related law that I think are open to the public.

Cash flow doesn't include non-cash transactions such as depreciation and amortization.Using $15k as a downpayment on a new property wouldn't be an expense for tax purposes.Your closing statement could be scrubbed for more favorable tax treatments (than 27.5/39 year depreciation), but the bulk will be capitalized.As Ashish mentioned, there are strategies to reduce taxable income, but what you're proposing won't.

I usually find pre-screening questions is helpful, and reduces you wasting your time showing the property to non-qualified tenants. 

Seems doomed to fail in any sort of market correction. maybe its like publicly traded companies that have Billion dollar valuations but make no money :) 

I know some people iwth STRs and non seem worried.