So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

Refer to your state, city and county resources for any required items, or recommended inspections. 

Highly recommend (I require) collecting first month's rent prior to handing over keys.

Anyone have a direct mail or postcard service they recommend for such a scenario?

Any book recommendations will be very much appreciated. :) Hi @David Gotsill, @Tom Wong, @Benjamin JonesI am in Kanto and investing in Hokkaido.Agree with the comments PR and language are barriers to entry.

Right now anyone can speculate but I would always recommend people even when they are upset - to be careful what you say.

I recommend attending different Real Estate Investors Association meetings to network and get a feel for the landscape.

I have just read through the four years of this thread and found some great tips, thank you to the OP @Thomas Youngman and all the content others have provided.

Could seller finance (not recommended) to reduce initial burden and spread it out over time

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.