I purchase my personal investments to maximize their equity and hold long term.

If your brother is looking to invest in real estate largely from a tax reduction standpoint they should pay a qualified real estate tax strategist to review their specific situation and what may or may not work for them. 

@Mitch Davidson I purchased a property recently and closing in May.

But, since you seem to be implying very specific things, but without being specific.

Hey @Michael Campbell I don't generally look at specific expenses, but rather I estimate OpExp at 35% of Effective Gross Rent (Rent after Vacancy/Credit Loss) as that's the ratio that most of the banks I work with use in their underwriting of DSCR loans.

I recently put together one myself specifically for beginners who want a structured guide from setup to first booking.

I am thinking about purchasing land for the intention of using it as a RV & Boat Self Storage.

If you have specific questions about property management, I'll be happy to help!

I'm currently in single family homes and apartment buildings in central and west Texas but have been evaluating a few residential assisted living homes + business / license to purchase in Austin and San Antonio.

That said, I do this with a a few investors on rentals since I'm a Realtor and Property Manager where I am boots on the ground for purchase, rehab and lease-up, however we had a strong professional experience/life together before partnering.Lending will also be a consideration as most lenders are hesitant to lend to non-citizens given the foreclosure challenges it can pose.