The deal is risky unless you know the market well, have experience executing this strategy, and have accounted for the quality of the asset and tenant. 

This downward trend has been consistent over the past decade, with annual declines ranging from 0.15% to 0.44%. https://www.macrotrends.net/global-metrics/countries/ITA/ita...3. 

For 6 years we had uninterrupted return on the 14% annual area.  

If you don't have a US-based bank account, I would get one as that's a requirement by most lenders.

So, by the end of 5 years, your net gain will be around $33k ($93k cash pulled out minus the negative cash flow).Looking ahead:Future Cash Flow: After 5 years, assuming a 3% annual rent increase, your rent will rise to $6,955.

This is a very common way for people to investing using their retirement accounts.

I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

Alternatively, you may want to consider switching to a platform that offers this level of transparency.Additionally, on both Airbnb and Vrbo, if you have access to the account, you can view the transaction history.