I do outsource my Taxes, but I meant having a Real Estate Tax Accountant or a CPA who I chat with to help create me a long term strategy.

Cash flow is real, but it’s often a long-term play.

The way it comes across is that his insurance payout escapes taxation, as long as it's below basis/purchase price. 

Long term interest rates should continue to increase.  

It has had higher appreciation than nearby towns since the pandemic and you should be cash flow neutral or slightly positive day one as a long-term rental with a 20% downpayment.Note that zillow and other websites greatly understate your property taxes. 

How long have you been using it?

That gets worse as you get farther out of the cityTLDR: values depreciate, inflation has gone basically nowhere in Japan for a long time, the supply of housing is pretty good compared to demand (unlike the US) and that's because of flexibility with rezoning and development, taxes on rental income are high. 

Whether you're eyeing long-term rental properties, MTR Market, or are looking to live here yourself- this area is full of potential.

Once I get a few stable long term rentals maybe consider looking into such properties and cover aspects I am able to confirm. 

The city emailed me not too long ago informing me that there was some "system error" and they approved that permit by mistake.