How much time do you want to put into this including learning, traveling, managing etc.?

Account ClosedYou may not be able to immediately expense the travel but it may be added to basis of the next property you purchase.

In particular, Bajadero which is just outside of Arecibo.I am traveling with my Father who was born there and we are back to settle his affairs. 

That's a big, big area, @Jamal Massengale, and no contractors I know would be willing to travel that long of a distance unless it was a major project.Do you have a project ready to go, or are you "building your team?"

@Chase Gu not yet  - I used to travel there for work a fair amount but I'm still in the exploratory phase right now. 

Buy and hold, house flipping, wholesaling, small multi-family, lease options, land contracts, large multi-family, assisted living facilities, vacation rentals, corporate rentals, self storage, notes, mobile home parks, medical office buildings, turn key rentals, etc.Is your head spinning yet?

And you are not including your travel expenses at least once a year in your calculations You will need to scale up quickly in OOS investing to make the retirement model work for you

On top of this, I also receive $3,200 monthly from VA (medically retired Army) and $3,400 for being a full time student using my education benifits (both not taxable).

I am now a devout listener to the BP podcasts and have only recently created a profile and started looking at the forums.My wife and I are looking for more financial freedom so we can travel more and are looking very seriously at real estate to provide that for us.

Each unit had a separate storage unit outside , plus one parking spot in driveway each.What we like about the property:1. very close proximity to Hospital (Federal and Provincial Gov't have committed to invest $125 Million into the hospital starting next year, with the intent that this hospital will be the central medical hub for the Cariboo Region - which is a region in British Columbia, Canada) This is big news, as this town has a population of about 25,000.2. 3-bedroom units have the lowest vacancy rate in the town at approx. 1.5%.3.