You can use a SQ FT format to guess rehab but that is only good to initially look at a deal.

They're less than I pay.

You are not even scooping your initial investment so your cash on cash return is negative.

To get a GM, we need to pay a GM wage.

I am looking at different loan options but to break even (not having to put any money of my own in the house after the initial down payment) the current down payment required is that much. 

Maybe I’m wrong but I had to do that on our STR (Ring) and Wyze also requires close proximity on initial setup.

If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.

Their success depends on how much initial action they take to build their portfolio.

Honestly, being very realistic, you do most of the time in the beginning have to do some initial discounting.

Bad- if your income tax is lower over there you still have to pay up to the US rate.