The hard part will be explaining you cannot pay the overage.  

The owner should look at it more like a DSCR, and should be pricing the property and offering terms such that the income from the property is adequate to pay back the loan.

Stefano You need a team, buying a property is the easy part.as a Foreign citizen there is a tax FIRPA that you may have to pay and is 15% of Sale price.Need an accountant, a lawyer and a relator that understands that. 

It may seem easy to jack up rent but there is something to be said about good, on-time paying tenants.As an accountant, I always rely on the numbers.

I’m thinks just pay him his regular price for the job and throw him 5-10% finders/gc fee instead of making a 70/30 split or something like that.

It’s about staying curious and paying attention to the way Dubai is reshaping itself, both for the residents and the global community watching.

Specifically for the missed items during the review prior to the initial call, as well as the piece on no action plan.

I told him he can break the lease, but according to his contract until I find a tenant - he will be responsible to pay the lease. 

Now, you need to figure out how to find deals and pay for them.

After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?