I am 1600 miles away from three residential properties I just purchased in Jackson, Mississippi. 

Purchase price: $375,000 Cash invested: $30,000 This was a 2 unit that I purchased in 2016 for $375K.

Picture if we negotiated a home purchase they way they do these deals, lol.

Quote from @Laurens Van swol: We are exploring the possibility of purchasing an investment property in Florida.

Purchase price 70k currently pulling 900 rent ARV 110 - 140k, rehab about 25k 

Heck, I was nervous on one of my most recent purchases because it was my biggest ever - and I've done over 100 transactions.Your current house is probable a Class A property - which is the easiest to manage. 

Hi @Stefano Vrolijk, my team and I help foreign citizens purchase investment properties all the time.

For larger CapEx jobs, we're fine with a client getting their own quotes, in fact, sometimes this is preferable.  

Although the list may seem intensive, I look at it like this: The total cost of all these items can be much lower than the cost to repair a hidden surprise after purchasing a property to flip. 

Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.