Hey everybody,
Quick question: A friend of mine in District 1 rents a house for $750 per month, and he has a 5-year lease. The house has three floors (ground floor, plus two more) and he lives on the top floor. The 2nd floor has two apartments, which he had built, and he rents them out, and the rent he receives from them covers the $750 per month of the entire house. In other words, his tenants subsidize his rent, and his monthly expenses are minimal. Sounds like a good deal. The hitch is, he is Viet Kieu, and I'm wondering if full-fledged foreigners can get away with doing this, or are there restrictions on us? Anybody know?
Thanks!
Dan