(If you have not already) read enough books on real estate to increase your knowledge base.

But based on him saying that the loan is "being paid off every month by my buyer" it seems that we're dealing with A, subject-to.We need clarity, Anirudh.  

I am unsure if I could purchase a property through an LLC/SL based in Spain and what would be the taxation using this system.

I'm a contractor based in Maryland and DC, so the renovation aspect is well within my expertise, having done numerous projects for other developers and general contractors.However, I'm facing a challenge when it comes to choosing the interior design elements, such as bathroom tiles, colors, sizes, fixtures, etc.

If the lease auto-renews to a month-to-month, then you can post a letter on their door (take a pic) or send it by certified mail with a signature required with the new terms starting at the appropriate times based on the lease.

The simplest way is to base it on the market temperature of whatever city you’re researching.

Any marketing should always be based on the information provided by sellers in a deal. 

Now I realize that not all situations will go exactly as planned but it is important to have a realistic plan from the beginning based on past results.Ivan, Hopefully this post was helpful to you in that it helped you consider different options based on your personal situation and real estate investing goals.

We are based of course in one of the most expensive places to live yay to that.

The rent prices I was basing off of rent estimates I found on the web, so I'm not sure if that is a factor, but I can reassess.