you should get your financing locked down first. you may find it next to impossible to find financing for a foreigner with those kind of down payments. and for sure heed @Ned Carey advice top of the market not the bottom look for a solid 5 to 8% return instead of 10 to 15  those are for those that live there and can stay right on top of them. 

Heating A/C systems.Probably above avg returns.

@Aditya Maini If you have to take out a personal loan and the payment on that would zero out your cash flow, then that's a negative return on investment.

. $120k in profit, meaning you recover your equity, repay all the debt and repay whatever the cost of the rehab sounds like a great return.

I'm not sure if I would give up hope until I saw the inspection report and there were no big ticket items that would just kill the return.

Some people will tell you it’s irresponsible and to pay off all of your loans first and some will say they get a higher return on their investments than the interest rates they pay on their loans so the money is better spent investing in real estate.

Tenants agree to return the appliances in the condition supplied less any normal and reasonable use.

I do not need cash flow and I more value the total return. 

The worst a seller can do, is say no.On average, you can get a 7% return by simply investing in the stock market, I would personally like to shoot for 12% or more.

We also felt that the realtor  would roadblock us by not submitting offers that in their opinion was, "too low and the bank wouldn't take that" and was attempting to get us to pay for homes that we felt were too high, for their own personal gain on return.