And, factor in the depreciation and other tax benefits, deductions, home office, vehicle expenses, etc. 

And I get to pay 20 percent capital gains tax plus depreciation recapture. 

They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation. 

Look for areas with stronger rental demand, lower property taxes, and minimal HOA fees to keep expenses down.

@Josh Ball mentions, there are issues with foreign investors but, nowadays, it's not necessarily on the tax front anymore.

I promise you will have options once you finish renovating.If you purchased correctly (location & purchase price), you will have enough equity so that you can either sell it for tax free capital gains, cash out refinance (if mortgage rates are lower), or pull a HELOC to acquire your next property!

I have my 2023 taxes Non W2 and hope to have my 2024 Taxes Non W2 back end of this coming week. 

If you do not get that tax credit its usually not profitable. 

First off to be clear when using income for these screening purposes its GROSS income (before taxes).

Annual taxes are low.