(Oh and buy with the mindset of knowing that one day maybe one day sooner than expected you will be selling it - so when you do your next 1031 exchange you will find buyers for that same asset, and not have to struggle disposing of an asset.)Views expressed here, as always, are all mine!

How do you handle dirty work such as debris disposal and clean up?

In Phoenix I pay: Paint $1/sq ft18" tile on diagonal $4/sq ftGarbage disposal $60Ceiling fan $40You can get a second quote if your PM has a lock box at the house. 

But has knowledge in remodeling and building houses and has contractors at his disposal.

It sounds like you're feeling a tad overwhelmed by the vastness of options, given the entire U.S. market at your disposal.

That is only acceptable in the case you mentioned where you have enough reliably disposable to be comfortable with that.I was just pointing out that real estate generally is still a good business to buy.

Alex Rental Income 2015 41316.00 Subtract Vacancy 5% 39250.20 RENTS 2015.00 910.00 873.00 860.00 800.00 Expenses Property Insurance 1834.00 Taxes 3350.00 Total Insurance/Taxes 5184.00 Legal Legal Fees 120.96 Evictions 177.19 Permits 344.00 Total Legal 642.15 Maintenance Labor 1650.00 Appliances 250.00 Lawn & Snow 307.50 Materials 1570.00 Pest Control 400.00 Total Maintenance 4177.50 Utilities Gas/Electric 1860.00 Trash Disposal 1184.00 Water & Sewer 2006.03 Total Utilities 5050.03 Total Expenses 15053.68 Principal 1410 PMI 212 Mortgage Payment 1622 Cash Flow $394.38 FHA Loan Details 310,000k 10k seller assist (covers closing costs) 3.5% down (10,850) 3.75 interest

We are partners in this relationship not simply a business that is disposable.

Also, making money with them in the US can trigger withholding when collecting rents and selling/disposing of property.

If you have other passive income from real estate or other passive activities, you can use these losses to offset that income.If you don't have sufficient passive income to offset with the losses, you can carry forward the remaining losses to future years until you have passive income to offset or until you dispose of the last of your passive activities.Offsetting Other Income:Passive activity losses are generally not allowed to offset non-passive income, such as wages or dividends.However, when you completely dispose of all your passive activities, you may be able to deduct any remaining unused losses against non-passive income.