Now translate to real estate.

So too many headaches translates to too many costs incurred to deal with said headaches.

This translates out to the average rent for a 1-Bedroom in Hamilton is $1492 and the average price for a 2-Bedroom is around $1720.

The goal is to utilize all 10 conventional loans on 5% down deals that cut my living expenses and quickly translate to a rental.  

I negotiated to 105k.It was a bankruptcy sale and the listing said access was not allowed and the property had to be bought site unseen.I was buying from overseas, so I figured site unseen worked for me.I paid cash, so there has been no holding costs.Once it closed, I sent a contractor I’d used a few times before to get inside.The contractor speaks zero English and also can’t use a phone or google translate.

Translation: those sellers were about to get re-traded at a lower price.Mom-and-pops need to get realistic (have been needing to for a while now), but as you said, buyers need to be ready.

- I believe you don't have an "Escritura de Compra e Venda" or a "Matrícula de Registro de Imóvel" (translating that to English it would be a formal deed.

He says that I need to use a ratio of days I stayed there vs. days rented, which translates to me only taking 35% of expenses.

@Russell Brazil love the image...for purposes of learning and others may be wondering, the obvious difference between apples and oranges may not not translate to all of us.

I recall all the things you described in detail when it comes to being prepared.To me that translated to an approach that allows me to meet my obligations to lenders, insurance companies, property taxes, etc. as well as being able to handle repairs (within reason) for up to 6 months.