The biggest challenge is time to manage a property.

I’m not looking for a completely passive approach, even though I’d be managing it from outside the country.

Challenges?

My dad used to manage other people's properties but eventually quit because the money wasn't worth it and he always ended up prioritizing their properties so as not to get any hassle from them.Another way to approach this might be to go all in on one project yourself and see how far that money gets you. 

Curious.. do you think you’ll try a different approach next time, or stick to this model to keep the momentum going?

Challenges?

With this approach you are able to cashflow as soon as the property is full.Best of luck.

Challenges?

In my experience, finding cash-flowing deals on-market can be challenging here (1% rule can be hard to find) but not impossible.

However, we’ve had great success with a straightforward approach: 'talk to the lawyer.'