This would one of my first four so I think there is a great opportunity in attaining one.

Also ( at least when I was doing things there 2000 to 2003) information that we can easily attain in the US is not nearly as easy.Defaults are very low and my experience being a lender is .. foreclosure is not nearly as cut and dry and it is here.. the courts have great latitude to adjust payments interest rates etc.. they will give the borrower a lot of leeway to try to rectify the situation...

Set attainable goals and measurable goals and stay consistent.I wish you much success!

Trying to attain the cheapest solution isnt always the best way.

These will be very useful as I grow and learn to attain my goals this year. 

The 1% rule is attainable mostly these days, but it's still not my focus just because those rules can get people in trouble.

Talk with an experienced realtor that understands the local investment market to get a sense of rents in the area, and also talk to a few property managers to gauge their estimates so you have a range of what to expect.BP has a rent estimator and rentometer.com is pretty decent for attaining rough numbers, and many others have used sites such as Zillow, Realtor.com, Trulia, etc. to gauge the market as this is where renters are looking so anything sitting on the market for a long time would be overpriced and anything being rented out in less than 2 weeks would make a for a good comp.

Financial independence is absolutely an attainable goal by age 34 if you start now.

That price is very attainable if you look into the right market.

For cashflow, I would suggest setting a target of around 5-9% COC, which should be relatively easy to attain with such little cash outlay.In regard to GRM, typically around 11-12 is where the numbers can begin to start making sense.I hope that I was able to answer most of your questions.Having said all that, please let me know if you'd like any assistance with your search.