It costs me $1,500 to evict a tenant with it usually taking two-three months.

One thing to take into consideration would be the overhead costs of being a cross-border investor, such as entity setup, property management, higher lending rates and tax filing should you choose to have a CPA.

. - WRT income, at a minimum it has to cover all of your costs plus some for unforeseeable expenses.  

How about opportunity cost?

We are looking towards STRs in order to lower our W-2 taxable income via cost seg and bonus depreciation.I believe my line of work qualifies me as a REP, but what I am not clear on is whether I would still need to meet the 'material participation' requirements in our rental business in order for our losses to be non-passive.

Given the latter costs, a corporation can be the best solution only if you buy multiple properties.

The math for investing was pretty obvious to everybody that it would be hard to lose money by buying a home for 50% to 70% of the rebuild cost.

I've gathered more knowledge than I can implement with all the BP content and other materials, lol.

It is fair to express your disappointment that they exceeded the cost target you gave them. 

I always insist that every opportunity for additional income should be explored.By implementing these strategies, property owners can maximize unit potential and create a more profitable investment.