Rough calculations on what I need to be looking for:90k deal (purchase and renovations to get max rent)20% down = 18k from me80% bank loan at 8%, 20 yr amortization = 72k-------------------------------------------------- Here's my DSCR calculation:Calculate Net Operating Income (NOI):Monthly rent: $125040% expense ratio (taxes, insurance, repairs, vacancy) = $480NOI: $1250 - $500 = $750Calculate Monthly Mortgage Payment:Loan Amount: $75,000Interest Rate: 8% per year (0.08/12 = 0.006667 monthly)Loan Term: 20 years (20 * 12 = 240 months)Monthly Payment ≈ $627.83Calculate DSCR:DSCR = NOI / Monthly Mortgage PaymentDSCR = $750 / $627.83DSCR ≈ 1.20Therefore, with a $75,000 mortgage at 8% interest over 20 years, the DSCR is approximately 1.20

The IRS has a regulation that amounts less than 15K are tax-exempt, of course, this requires you to file a tax return.

Having lived there a year it is a foreign country and many things are different and culture etc plus you have the native peoples that own huge amounts of real estate and They dont pay income tax and they get food and gas for way cheaper etc etc..

There's been a tremendous amount of new home construction in our area, even before Covid and the new houses have very small yards with no parking besides their 2-car garages.

just to be candid, unless you're using some kind of creative strategy... you need a really solid amount of cash including reserves. 

But to be fair, I have spent a great amount of time very recently trying to help another professional 20 years in experience ahead of me bail out of a mistake I NEVER would have made.

The hearing still took 30 minutes and he wanted to really concentrate on the accidental water charge, that we refunded and wanted to go into the math discrepancies, which amounted to about 40 dollars.  

This property needed an extreme amount of clean up and haul away of items left behind.

If we split the hill with 5 acres off, it will sell for the amount we paid for the full 25 acres.  

I was blown away by the amount of never responded to emails and communications When you purchased the property did you keep the property manager in place?