After expenses, it provides a net income of $1,500 per month, making it an ideal investment for long-term passive income.

They mentioned he is single and quiet which is ideal for a landlord haha.

If you can wait until you have legal status that would be ideal, but may not be absolteuly necessary if you want to get a jump on things. 

I think waiting until October or November would be ideal.

I do think the ideal first-time rental is a four unit that you can live in and rent the other three units out, but those can be harder to find.

If financing is part of your strategy, consider exploring fix-and-flip loans, which are tailored to help investors like you fund both the purchase and the rehab of properties.Lastly, start small with your first project, ideally in a neighborhood where you understand the market dynamics.

It seem like a great long term hold with the appreciation BUT I think selling would be ideal.

. 💪 You’ll have some wingmen along the way, sure, but it's all on you.Success will bring a squad of cheerleaders, but challenges?

That being said, 20% down would be ideal to make the rate and pricing reasonable. 

Having the GC or someone else upload photos/video after each stage would be ideal.