After that, you're buying the last 5 properties post-crash when the market is in recovery.The big picture is the difference in terms of net worth is almost $2M OVER 40 YEARS with a market correction.Almost $5,000 per month in True Cash Flow(TM) (which includes cash flow from depreciation and cap ex) in year 40.And here's a breakdown of total equity between the two scenarios.If you want me to change my assumptions and run the software again (or even change the setup) let me know.

Now, in terms of pure investment properties, aside from the larger (4+ units) generally having more potential to produce well than their smaller siblings, I believe that finding deals in ways other than MLS are extremely necessary.

Sounds like they'd be happy with just a sketch in terms of new walls, toilet here, sink there, etc.

Would also like to know if you apply the same method for a performing loan and a nonperforming loan in terms of determing the balance going forward? 

For sure I agree with @Zachary Trigger in terms of color!

In terms of what she is investing I have a total cash in at 45K with the rest being borrowed on what looks like hard money/rehab loan. 

For 130K you can do way better than that area, both in terms of investment property numbers and quality of life, since you'll be occupying the property. 

I can't emphasize enough how awful a move that was in terms of landlord relations, but also how rare it was (to my knowledge, no other area has EVER done something as broad and sweeping to lower rents such as that move).

Chinese relationships are rarely clear, it seems.Now, I'm not at all aware of how the high rollers launder their millions through HK, but in terms of smaller (500K or so) purchases, there is no barrier. 

But the issues raised in the article are very troubling to hear, such as "your property" can be charged with a crime (but not you), and it is then presumed guilty, seized, and then you have to prove it was not at significant cost in terms of legal fees.