Without an ITIN/SSN, I'd be worried about running into KYC/AML violations, fed tax liens, the borrower being deported, lien enforcement, etc.

High taxes.

If your not ready to spend money on a software you can use tax records.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

@Apryl Skahill To get your risk-averse spouse on board with real estate investing, start by educating him with beginner-friendly resources that highlight the long-term stability, cash flow potential, and tax benefits of real estate, such as depreciation deductions and offsetting W-2 income.

It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

It should cash flow 400/month after taking taxes/HOA into account.

I had to redo everything they did on my taxes. 

To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.