You certainly should not make any kind of permanent arrangement at this stage.  

My real estate dream has always been to get passive income through rent houses so I was excited that I was actually at a stage in life where I could afford to buy one. 

On the whole , I think wealthier Chinese people tend to look for areas that are already pretty gentrified, suburbian, quiet, good schools, and not more than 15 minute drive to a Chinese shopping center.   

At this stage, conventional lending should work just fine, especially if your tax returns show income for the current rentals.Things started getting a bit more difficult for us when going for the 5th loan...not impossible, but much more in terms of a 25% down payment and 6 months' "liquid reserves" that we had to have on hand. 

My name is Schaniya Clayton and I'm very new to real estate investing, still in the learning stages.

1st Point: I'm in my earliest stages of reading books, forums watching DVDs etc and learning all that I can about REI.

I like strip centers for myself and my clients. 2% ANNUAL increases triple net with CAM re-imbursements and per sq ft is in the 100 to 200 sq ft range and cap rate is much higher with cash on cash.

Become a member of ICSC, the International Council of Shopping Centers.

The important thing for the business, in it's early stage, is to be well-capitalized.  

A lawyer can advise on KY laws.Please, check with the county or local senior center for legal advice.