I have a great job that I love and currently do not need to spend the cash flow from the properties. 

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

Renting to Section 8 Long-Term TenantPurchase Price = $250,000Renovation Cost =$3,800Appraised Value = $270,000Monthly Rental To Section 8 Tenant = $2,800Monthly Mortgage Payment = $2,100Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $500Another investment property was closed and added to my rental portfolio.

Now you know, you need to send out 5,000 postcards to get those five deals..You will know the cost of acquiring a customer/property after all this..

We are the owner and landlord of the properties, not the operators.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

I currently have a rental property and am looking at getting my real estate license and building a property management and property maintenance company to serve my investments and potentially others.  

You could arrange to have your cleaners accept the deliveries at the property or hire a local handyman to do same and even assemble furniture.

As long as the Belize property is not part of the collateral your fine.