As rents go unpaid, or public funding runs low (as there is no one to pay the property taxes), this invariably leads to slum-like, crime ridden housing estates, much like happened in the UK in the late 1960's and 1970's, before Margaret Thatcher began selling off these 'Council Houses' to private owners and investors.

I think your renter base will mostly be immigrants. the area is near white center which is mostly a C- or D hood.

If you really want to get accurate with your return then take ordinary income tax from the $15K which including self employment tax will run you almost $7K so you'll end up with an $8K profit at best.And  yet even more potential bad news - Depending on your immigration status you will be  subject to FIRPTA withholding of 15% of the sales price of the new property. 

.$490,551 Judgment , $1,864,813.15 Judgment, $113,264 Judgment….Extorting his wife not to divorce him to get his green cardDeceived investor/friends into lending him moneyExorbitant Lifestyle at investors expenseLuxury VehiclesPaid for all his legal and immigration expenses$300,000+ in personal IOU’s owed meI was financially comfortable until Tulga came along and wiped me out.etc, etc,etc.

Sorry dude, you have the added burden of being Asian with (probable immigrant Asian parents).  

China collapse, China/Taiwan, China production moving to other countries, Ukraine/Russia war, Ukraine/Russia fertilizer and wheat, Panama Canal water levels, US debt versus GDP, US illegal immigration, US Baby Boomer social costs coming on line, Stock market P/E ratio.   

Hello - I am seeking help in finding some of the top UK/London Real Estate companies to engage to find International Real Estate investors or just persons interested in property outside of the UK.

For rent to SA he has to buy furniture as most rental properties in the UK are let out as empty, except white goods.

They are first generation immigrants from India and it is clear that they will be preparing traditional Indian foods in the home, including curry.

I'm originally from the UK with a small portfolio and am now looking to relocate to the Nova Scotia area.