You need to take that deep down burning passion and translate that to action.

Your profit of $57,000 translates to about $40 per hour (assuming 6 days a week). 

And all the forms and various permits you'll need to fill out will be entirely in Thai with no English translation.  

My favorite part so far...for comedic purposes, and please keep in mind this comes with some sarcasm.....I found things like: "The weights of the components are statistically optimized for each metro area in order tobest capture the underlying cyclical movements in the local areaeconomy." translation....

This also drives what renovations are required and which are not.With these 4 factors defined, you can translate them into a property profile, which will include at least 4 characteristics:Rent - Rent range.

@Joel Palmer, if "they'll appraise for a bit over what I purchased", how does that translate into "so I can essentially get all my cash back"? 

So even though statistically, there might be an 8% gap from ownership with Gen X, how does that translate into the raw number of people buying homes?

I apologize for tech translation/misunderstanding - there are 25 different regional institutions, all commercial assets, ranging from AZ / FL / MD / NE / NV / GA / MI / ND / IN / WY / UT / SD / WV / CA  but the majority are in GA and FL   going through private REMICs

Typically, this translates into lack or reserves and/or not enough funds to for the down payment.

He is a tax specialist, real estate activity, translator, and a county election poll worker.I think the court case is stating that the taxpayer was in the business of flipping(buying, rehabbing and selling properties) instead of in the business of being a real estate agent(buying/selling properties in behalf of others).The fact that he was deemed a flipper and did not flip any properties - he was deemed not to have been in an active trade or business.The mileage may have potentially accumulated as start-up costs and deducted/amortized at the time the first flip was conducted.If he showed properties for people other than his friends - I think he would have been entitled to the deduction.