Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Hi Chris,Nice to meet you.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

The units all have tri-paint jobs with ceiling paint, a nice wall color and super-white glossy trim on everything else. 

Nice, I don't know Castelo Branco, but Portugal is on my list when COVID gives a break. =]I assume you know the place then.

Maybe it is not a good area for rentals (especially if the homes available are in very nice condition). 

Nice to meet you Khalid, saying hello from Chicago!

Best advice is to join or visit a local REIA meetup and start shaking hands.

What makes it slow in this case is that you don't really start seeing real cash flow until after year five but it's more effective than rentals in that there is little to no maintenance.Sure you can live in a home while fixing it up with the intention of selling it for a nice profit later but I think many people are already doing that and the buyers of slow flips now also have that opportunity without having to qualify with a bank.

My strategy in Arizona has been adding bedrooms and renting by the room - currently getting 850-950/room in nice neighborhoods.