Not to mention our building standards remain for most part that of colonial times, why, who knows, we just don't like to embrace brick block and cement for some reason and prefer sticks still. 

I have a pretty straight forward return with a W-2 and a K-1 from an LLC. 

I'd recommend looking for a house versus a condo.

@Ramsey Doumani This is a great plan.

On a positive note we did build a new house to the specifications of a specific tenant. 

I have a 10x8 shed that I use exclusively to store real estate materials and supplies.

But I’d’ also ask if the girlfriend is a legal US citizen?

I got bit a couple years ago and went from a 6% rate to almost 10% rate.

I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.

I've identified an area that has a lot of multifamilies.