I am very confident that after buying the right deals (not turn key) you can get around 20% net on your investment so around $6,000 per month.These assets would be in B class areas and I have included all necessary expenses.The ground work would have to be done by you tho.This has just been my experience of buying real estate in the Midwest the last couple of years.Thanks for reading.

Which will lay the groundwork to later raise money to do even larger deals.

It pays off to begin laying the groundwork early and to know what to expect.

I believe it could be done, just would require immense ground work to set up your network first, and would take some time to get in place.We use some different strategies to invest being overseas. 

You funding ability also has to fit the property, get in over your head and you'll go bust.Many construction types watch TV thinking they can do flips, what you don't really see is the groundwork in the valuation process, neighborhood analysis, financing alternatives which all comes before picking up a hammer. 

I've laid the groundwork to growing my net worth hugely and I want to do it wisely, but quickly and effectively.

Would you work by approaching the local bank first, show them my portfolio and history so as to lay the groundwork?

@Doug Pretorius LOL, just giving the ground work so that those with logic could understand, probably made a mistake with such an assumption. :)Yes, my last option deal was written on a yellow pad, had it formalized just prior to closing.

Setting up the expectations and structure and working with the same team (if they are reliable and knowledgeable), may be beneficial to your business since you are so far away and not able to do the ground work yourself.Good Luck to you!!!

They are the groundwork for a killer story when you finally make it!