Other than that, we replaced roof and front deck, put in a new kitchen , new floors, paint and bathroom... came out marvelous. 3 offers the first day on the market and we sold over asking price.

It might make more sense to own the property and lease it out to an organization that does it and you could do a percentage lease rather than a flat monthly fee.It isn't for me but I'm more of a passive person.

Foreigner investors can either pay a flat tax of 30% of their gross rental income or elect to file an annual US tax return and reduce their taxes by claiming deductions relating to ownership and managing the property.

The roofs on these things are small, and many have the skylight in the bathroom which often leaks, I would tighten up the roof, then address the plumbing issues then move onto the electrical. 

Currently buying a duplex that needs a full gut and renovation including windows, roof, floors, hvac, plumbing, drywalling, kitchen, and bathrooms.  

(even if it's a previous LLC)I am eyeing a property in my hometown. 20-units, all 2bed/2bath, new roof, water heaters and exterior paint.

This property required a new roof and some basic renovations.

Roof, windows, doors, furnace, hot water heater, concrete, etc.What research did you do on the neighborhood and probably tenant pool?

The roof needed to be repaired, which added another $10,000 to the cost, but doing that allowed the insurance to be cheaper and ensures that the rood is good for another decade.

Here’s the investment details10k for revamp and fully furnishing 5k upfront fee for design and management $500 flat fee for the managementFYI I have already spent like 15k on the property 2.5 years ago to set up.Thanks for looking into this.