Start by talking to a cross-border CPA and attorney to handle taxes and legal structures properly.

Make sure to account for property taxes, insurance, and any HOA fees, as those can vary significantly in different markets and impact your cash flow.

Ofcourse I am planning to consult a lawyer first. 

@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.

I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is close to zero.

Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.

The patent on the 30 year with taxes and insurance was 3900 or so.   

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

However , properties taxes are due like roughly 12k for the two lots. 

Positives are proximity, low property taxes, no income taxes, no weather events, very low maintenance stucco/tile structures, “young” properties (5-20 years old)