I appreciate every perspective.

If you are looking to be a top agent that will take some time, I suggest reading Gary kellers "Millionaire real estate agent" to get a good perspective of what it takes to produce.

And with real estate become cheaper from the perspective of the purchasing power of yen, it would make sense from the second factor perspective to exchange yen for dollars and then use those dollars to also buy real estate.

Yea, Ive been trying to look at it from a perspective buyers point of view.Upon further investigation, this thing is looking like its gonna be a gut job.

From the tenant's perspective if they have given all the required info and documentation then their end of the contract is "legitimate".

Well, Darren, in your 34 total posts as of my post you've managed to alienate several more experienced posters and even threatened another.Free Online discussion forums like BP, are great for getting feedback from seasoned investors and sometimes both detailed advise and unexpected perspectives.

I believe it really helps change your world view and perspective.

It would be great to meet a seasoned investor in these areas, as we are very fresh to real estate investing.

I jumped in from my accounting background.I'd think, from a tax perspective that being considered a dealer would be less painful than the double taxation, but if you're doing other things to avoid that, you may be on to something.

If I were in your situation, I would sit down with your aunt and explain your perspective both as a nephew and as a landlord.