If you are currently residing in Israel, I am also a Certified International Property specialist and may be able to provide resources to help with a purchase from outside the US.

The unit they reside in is identical to the one directly above it.

If the normal gross return in the area is 0.5%/m, then it IS a great deal (which would mean that the identical home next door sells for $219,000!)

And the Hutto area homes were all in the $200K range, identical, and "little houses on the prairie".  

Within the first week, we got two, identical cash offers for $400k.

Both the sites I purchased property from were nearly identical in their process.  

But just letting you know I am in a nearly identical position.

@Joseph Dimaria Trusts are designed to conceal the identity of the beneficiary.  

And the units are identical.  

I have wanted to buy something in this neighborhood for a long time.I have networked with someone who is recommending setting this up as a rooming house, no leases but billed monthly (not weekly).Here's how it pencils out:Purchase price: $100,000 // +$5,000 for conventional mortgage closing(An identical duplex on the same street recently sold for $123,000)Initial renovations: $5,000Rent:$500 x 8 = $4,000/monthIncome - Coin Laundry:$200/monthTotal income:$4,200Monthly Expense Breakdown:Debt service: $800 (P/I/T/I)Management: $400Repairs: $400Capex savings: $400Gas: $150Electric: $150Water: $150Internet/Cable: $150Vacancy: $750 (planning on 1-2 rooms empty a month)Total monthly expense:TOTAL: $3,350Cash flow:TOTAL: $8,500QUESTIONS:1) Do these numbers seem conservative?