Owning Rental Property

gravitation

Registered Users (C)
Greetings everyone!

I'm currently in US on H1-B visa. I'd like to own a rental property. My understanding is that it's legal as long as I hire a property management firm to handle all aspects of managing it. But... I'll have to do a few things, getting a mortgage, visting a few properties myself, having the property inspected, inspect it myself,

Can it work? The more I research, the more I get confused. I want to do everything strictly by the book.

Thanks,
Gravity
 
according to the IRS, owning rental property is considered a passive activity.
i asked 2 immigration attorneys and they said it was alright as well.
 
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