Currently being leased, but expect my total cash on cash return to be above the number I target.

Quote from @JD Martin: My long term rentals may be boring but they've made fantastic returns.

On 12/19/2024, we sold it for $99,000, securing a great return.

Don’t be that guy or girl who likes that it’s cheap, thinks that it’s trendy, or is just plain lazy and puts that stuff in a bathroom.

In the meantime, I'd like to get my Texas Real Estate License, but would like to know if I could do a few deals remotely before return back stateside to Texas, and can come into the office. 

This implies your return numbers are inflated.  

Joe its all about NPV  and rate of return for investors.. either way your going to take a pretty big hair cut out of your equity to do what your wondering about. 

Find the best asset you can and use higher effort strategies to fight like hell to break even or eek out a small return.

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.

Second, real estate investments generate a return in one of two ways - Cash flow and appreciation.If cash-flow is negative, is the appreciation making up for it?