No income statement,  no balance sheet, nothing that can give you correct financial picture. 

Most people don't know how to use a wood burning fireplace correctly - operating the damper, not closing the damper until the fire is completely out, going to sleep with the fire or coals still burning. 

Do not trust what a realtor tells you to be correct. 

And that’s just one property you are inquiring about 10 rentals, 10 exchanges, minimum 10 DSTs (unless you can sell a few properties at the same time).I’m not sure DSTs would be the correct route.

A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.

Your correct.

Land priced right, zoned correctly, market analysis great and potential competition low.  

I stand corrected.

Mike Lambert above is correct about house values in Japan.

Hello Zachary,  You are correct in looking at the Mid-West for cash flow.