IE I suggest folks study now to filter / buy top leads for your deal type. 

The house is in the city limits of Klamath Falls, Oregon.

Many cities don't allow drilling in the city limits, or have restrictions, but outside city limits and especially outside the metropolitan areas, there are fewer restrictions on drilling sites.

So it really limits your flexibility.

I studied abroud in Barcelona a couple of years ago - that place is beautiful!

I worry about you putting too much of your life into one investment given you're limitations on income/working situation anyway.In general expensive primary residences do not make the best rental properties. 

Also, what benefit would you actually be able to contribute with your limited knowledge?

Hey guys , I am studying strategies on creative financing and how I can raise the capital for a down payment on my first rental property.

Quote from @Andrew Steffens: You may want to look into a limited service agreement - I offer this but currently in FL only. 

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.