Hey Rob, if my client or myself was in a similar situation my advice to myself and my client  would be... if the profit margins are there, you have the capital to make the deal happen, there's news everywhere about rates being cut in the near future, and it doesn't put your family in any major financial stress by you making this deal happen and more importantly your comfortable!

After buying and selling over 1,000 properties, I'm pretty comfortable with my own judgement for value in the areas that I'm usually buying. 

If a potential tenant is not comfortable with a vanilla lease, I believe they did you a favor not booking the place.

Add 20% to give you some comfortable room.Comparable Sales - What are alike homes going for?

Most of my friends who are all engineers very few invest in real estate because of risk and not having time or education in it.It can be really good or really bad - but my recommendation is both need to be comfortable with it.

This place in Shibuya looks pretty good, but they don't take reservations: http://en.southerntower.co.jp/dining/lounge-bar-so...We could also meet in the viewing lounge of my building in Ikebukuro, which is a great space and would be cheap (photos below):West Park Tower Ikebukuro 3-21-13 Nishi-Ikebukuro Toshima-ku TokyoI'm willing to go back to the original place as well.  

Determine how comfortable you are with these risks and make sure you have enough money saved up for any unanticipated difficulties.Examine Market Conditions: Do some research on the local real estate market as well as those of other possible investment destinations.

Comes down to price/comfort, is the going rate to have everything done for you whether it be menial or not 5-6% of the transaction?

Factor in social security and any other investments and you're sitting comfortably if you don't have personal debts going into your 60s.

Open floor plan between the kitchen and dining room.