You'll be fine, especially if you're using additional equity contribution to improve the property before your refinance.

@George Goldstein, in addition to what others above have said.

3.Additional Fees: Are there other fees I should consider, such as maintenance coordination, lease renewal fees, or vacancy fees?

Just a few additional words of encouragement.

This will help direct your search to the right areas, property types and price point.If you're purchasing all-cash, skip that step.Depending on your goal and preferred timeline for closing, the majority of your time should be spent searching for and analyzing deals.Searching: Look at public listing sites; connect with an investor friendly agent and choose 1 to work with who can search MLS and off-market inventory; for additional off-market options, consider growing your own database of wholesalers and homeowners Analyzing: Your agent can send comps and you can also search public listing sites for sold homes.

Additionally, consulting with a financial advisor experienced in international real estate investments can provide further guidance tailored to your situation.I may also be able t find a lender besides a local bank!

Many never bother to even get their licenses.A couple additional pros and cons:1.

@Greg Hammond If you decide the property is no longer worth holding on to and you decide to sell, in addition to the capital gains you want to consider depreciation recapture as well as any closing costs and commissions.

You might find a great deal on a property that comes with an additional Mello Roos tax, and it could still be worth it.

If you will be purchasing materials those cards offer some discounts and in addition you can get pro discounted pricing on larger orders as well.