Im based in the UK - hope that is OK.I am primarily looking for info on deal calculation and also what I need to have inplace / ways / strategies to raise investment capital. 

I do my search and feel that Manchester, Liverpool , and Birmingham as most likely areas I can invest in , My goal is to have good houses "Single famliy" with good prices that can establish a good cash flow as passive income.For sorry I do not live in any of those ares, I know them from EPL and try to do the research based on income and thier share in UK GDP , for sure london is the best but I can not handle the prices there.Based on my reasech I can classigy them as follow : Manchester is the best in , Birmingham , and then liverpool.I see Liverpool houses is more but rent to prices ratio is low .I need your insights on this with your valuable advise , considering the area I choose , I will keep investing on it and enlarge my protfolio in it for the next 10 years.

Your luck may be better and you are not assigned to the jokers I dealt with, but it would not be worth the gamble for me.

I will take less profit in a hotter area that sells faster than gambling on a small town/slow area with "potential" for higher profits.  

I don’t know the person, but I would think you could afford to gamble $525.

@Steve Vaughan  agreed very slippery slope... we all hear about Hewlit and Packard starting in a garage with 15k of credit cards in the early days... and well look where they ended up.. so who knows.. but it sure is a gamble.

Better to accept today's rates over waiting and gambling on lower rates in 2023. 

Short term rental is always a larger gamble with more headaches than a long term rental.

However, we were basically gambling on every transaction at this point in our career.

Hi Shawn, Thank you for your advice.We have found the American process very complicated believing it was due to being based in the UK and not really understanding why everything was taking so long.