Bad- if your income tax is lower over there you still have to pay up to the US rate.  

Its a small investment to try both as one deal pays for them for a good amount of time

Even one vacancy or non-paying tenant could potentially be a major problem.And yes, there were vacancies, and non-paying tenants, and major problems.

They will pay a higher mortgage payment because they are not trying to cash flow.

They definitely are not the cheapest but often you get what you pay for in my experience.

@Chris ShonYes, a real estate accountant is worth what you pay them.

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

If you have a 10% interest rate on a car loan, then paying that off would give you a risk free 10% rate of return.  

Hey Andrew, welcome to the Forums.That’s awesome you’ve been learning about real estate since high school—starting early will really pay off.