Then hiring a management company to do that for you will basically make the property break even or sometimes do worse than long term rental. 

When nearby listings start showing more open nights 30 to 60 days out while rates slide, the arbitrage is basically gone.The other big tell for me is the same one you mentioned but flipped.

Perhaps I didn't formulate my question very clearly in my original post, but it's basically: if terms are "good" for Americans, and "****" for non-Americans, is there something "in between" for foreign nationals partnering up with a creditworthy American?

In California, process and documentation matter more than gut instinct.A few clear principles to keep you protected:Stick to your written criteria.

Buildium: lease/tenant management, online rent payments, maintenance work‑orders, and basic property accounting3.

With your 50k you are probably in that 300 to 400k range with 5 percent down and I would want the other unit to rent high enough that rent minus PITI minus a basic maintenance reserve gets your out of pocket housing cost close to break even or under about 500 a month while you learn.

Do you basically need to present a hard money lender a wholesale deal with an estimated fixing cost and an ARV to acquire the loan? 

Basically plan for the divorce prior to the wedding.  

Joseph Montes - We did not want the guide to get too overwhelming, and decided to keep it to the basics.

honestly the articles and press releases have been unclear.Hence my call to the BP universe, I know we've got  quite the cbus cohort here...Anyone have more incites on these changes past the basic news articles out there?