Be sure to factor in repair costs to keep things profitable.

But that is calculated after expenses and depreciation is factored in. 

I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas. 

A lot of factors go into this. 

That depends on a lot of personal factors such as your finances.

Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.

That means fewer vacancies and steady rental income.The city’s economy is another big factor.

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

As far as I know, your assumptions about the tax implications are correct for non residents, it was one of the main factors that stopped the idea of investing in Spain for me.