I am actually a US citizen who lives in Canada.

The college has a pretty good co-op plan from what I understand, (Alternating semesters of work and school -- gives the student a full year's worth of full time work experience before graduation) so if I can get a job through that I will be in the college town for a total of three years, Junior, Senior, plus an extra for work. 

I've never done a flip, but have always wanted to dive right in and learn through taking action.Here are the numbers as a rental assuming it won't need much work to just get it rented out:Purchase price:  $80,000Market Rent:  $1400Expenses (PITI, CapEx, PM, Vac, Rep):  $1066Cash Flow:  $333CoC Return:  25%Possible BRRR as non-rehabbed comps are around $120,000Flip:Purchase price:  $80,000ARV: $150,000Repairs:  $24,000Holding costs:  $2000Cost to sell:  $9,000Approx Net:  $37,000 before capital gainsNow I know the rental return looks great but here's the kicker: the mother had three different tax exemptions (1 owner occupant and 2 senior citizen exemptions) and once those fall off the taxes will go from $3550 to around $6200.  

I am a foreign US citizen.

BP friends,I own a single property i have been renting out for years, but living overseas has made it difficult to expand my RE portfolio.  Looking broadly and thinking of ways to leverage about $30k.  I am somewhat c...

I am US citizen living in Israel and currently own and landlord a triplex and single family home here.Recently I have become very interested in investing in the US.

I took a property subject-to senior liens last year.

Look for a loan officer who has years of experience, a senior officer, not a 24 year old out of college who has VP on a name plate.

I've been reading through other forum posts but most of what I have read are about more complicated deal structures.Anyways, if anyone has any input, I'd appreciate it.A couple of additional notes:- We'll be investing from abroad (though we're both US citizens, we work abroad).

Every time there is a deficit or money issue in the city, they raise taxes on the few remaining contributing citizens.