It should be producing far better return than the passive s&p to justify the effort.Good luck

However, you will find it difficult being that both of you are W-2 with your main activity to produce income being outside the real estate profession.

I will keep you posted where I end up with my first property :) I wish you all a happy and healthy 2025.

Are you taxed on the net or the gross income produced as a non-resident ?

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

You could get workers for USD $3 per day to cut brush.Local produce is relatively cheap. 

There will always be a level of fear of failure and you will most likely experience some, mitigating that with diligence will keep you in a healthy state of paranoia.

The marketer (guru) severely understates the amount of capital, time, and knowledge needed to produce successful results.And the above mentioned are the BEST case; not even mentioning the guru strategies that are fraudulent, illegal, unethical, and plain not realistically achievable.  

One idea is to proceed with the 1031x, save on the capital gains, parlay your proceeds into income-producing properties, and capitalize on the low-interest rate offered by these operators.   

Since the Internet is flooded with trash information, AI absorbs it and produces its conclusions accordingly.