I will remember that.

I think a 15% return would be ideal.

Remember you arent rehabbing it to HGTV, you are rehabbing it to compare slightly nicer than your targeted comps.

I am looking for help/partner/vision and the ideal business partner would be a seasoned REI and also have some of own capital to invest.

And ideally all my marketing and will be passive, but until then do the active marketing. 

Not sure what your ideal strategy/long-term plan is.

So far my experience with USREEB is less than ideal, but I am positive and going to give them benefit of doubt, at least for small issues. a) I feel it is not easy to get information from them.

If you are planning on investing in the States (I deal with this all the time with Canadian investors here in Arizona of which there are plenty) they overlook talking with their chartered accountant before determining the entity they chose to purchase under.

I did not catch that.. looks like a realistic proforma then.. good luck with it.. remember turn over kills landlords.. do everything you can to keep good tenants in place.trying to raise rents 25 bucks then have a 2 month vacancy will take years to recoup..

@Sergey Pshenichkin It does not sound like she has an ideal situation to be purchasing a rental property...maybe focus on personal debt pay down for a while and continue to work her W2 job until she reaches a higher income.Increase income --> Decrease expenses --> Build credit --> Build savingsThen revisit this possibility.