here is the scenario, my friend is foreigner who not live in US, he wants to buy the rental property, I will help him to management it, he can give me the power atterney to handle all rental related issue, I have no license yet, is that compliant with CA laws?

I'll never invest in a country in which I'm treated differently just because I'm a foreigner.

Also check in with @Joseph Chiofalo he handles a lot of our foreign national and international mortgages.

There are over 1,000,000 foreigners that own property 30 miles to the coast or 50 miles to the border.

@Roy Mitle He would qualify for a foreign national loan only, even if you co-sign.

You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

I'm familiar with the whole building/repairing process so it wouldn't be completely foreign to me.

HUD criminal investigation division can make requests to any federal agency.But, if you just follow what's usual and customary you'll never be sent to a foreign country for questioning or reported as "Lost at Sea" :)

I'm a foreigner with no social security number in the USA.I've got good relationships with my banks here in my home country and I've been working with them for the past 2 months: Citigroup and HSBC.

(Not sure, but it seems like crypto currency gains might qualify too.)  2.