This is a numbers game pure and simple.

Hey Max, As a pure cashflow play, it's a loser.  

Be as professional as possible- this is purely a business transaction/investment. 

There will be no “selling from the stage” just pure unadulterated meaty content that will be broken down into bite size “golden nuggets” that you can apply in your market andDOMINATE!"

It is now ready and is now my new apartment here in Saint-Gilles, Brussels.I am actually doing something similaras you  and buy property to renovate and rent out so adding value with renovation, permits to divide and build more and rent.Haven't done a pure flip yet as this isn't really interesting in Belgium unfortunately :-( Too high taxes and fees etc etc. 

Pure numbers don't look bad....And maybe look at some details like property condition (so no major outlays early for capital projects), your home base makes me think college, so are these empty each summer or is there mass competition for students (which can be management challenges).

That "just do it again" attitude is pure predatory and this too is mentioned in Dodd Frank!

Anytime you can shift an expense from you to the tenant and it becomes pure profit in under 2 years it's a no brainer!

I became a landlord on pure, dumb luck when I moved to Chicago three years ago.  

In terms of pure RE like with any huge city space is at a premium so except a tiny living space but from my travels to Europe that is also true there (if not more so).