People are doing it, so presumably it works.FWIW, I invested in Japan for a few years, but lack of rent growth, lack of appreciation, concerns about natural disasters, and just general lack of confidence in the J market led me to shift focus only to the US.

Bartending is the only place where I can make $30-50 an hour at the moment.Luckily I do share this house with my sisters and their husbands, so if an FHA purchase and living in a house for a couple years is the only way, I may be able to swing that.I'm fairly handy and have done many of my own repairs to this house over the years, so I'm fairly confident in my ability to be able to handle a slight fixer upper. 

As for the land, with some looking around and a possible off market deal, with time I’m confident I could find an R2 lot for relatively cheap compared to the build.

I am confident in that market.I am okay with the challenge of it being harder to manage a few different units at the same time - and I would be on-site at least for a year.Investigating the market is simply a time and money aspect.

That is not trueAlso How confident are you it’s a good deal?

All other metrics equal- I have much more confidence in a +$1,000/month cash flow projection (or even a relative metric like +10%/year) on a $750,000 house than I do with a $300,000 condo.

Hello,How do you build the self-confidence to approach a property owner about buying their property?

I would also look for a PM that was departmentalized with a local team engaged in managing the properties. 

This individual not only disrupted the peace of my other tenants but also engaged in criminal activities, including domestic violence and terrorizing children in the building.

So, here goes my advice:[Since you already have confidence in the sponsor and know their work, you have made the due diligence easier.]