Purchasing Additional Properties from Overseas

[Scott Friend]

I'm wondering what strategies anyone would suggest with my current situation:

- One property owned near Washington, DC that is estimated at approximately $280k with just under $210k left on the loan. The house is being rented out (using a property management company) to a tenant and makes approximately $40 per month profit once the PITI is paid.

- I am currently not paying for housing as my job overseas provides living expenses for my family. This has afforded us the opportunity to pay the mortgage in case we do not have a tenant after their lease is up.

- I'd like to invest in an additional rental property.

I'm wondering if I should sell the property in DC and use the earnings as a down payment on a better home and attempt to find another renter. Quite honestly the goal is to keep buying larger properties and begin to make a nice profit from them (realizing that there might be some risk involved).

If anyone has any suggestions or strategies please advise.