I recommend starting by downloading the Concealed Carry podcast and listening to it as many episodes as you find interesting.

Episode 268 of The BiggerPockets Podcast interviewed Rich Carey, who at the time was investing in Alabama from Korea. www.biggerpockets.com/show268

This is an interesting story, which could probably be a classic American greed episode OR the most naive Real Estate Investing story ever! 

@Gary Siver you're right, I might be a little high on my roof estimates, but in the episode I watched they replaced 80% of the underlayment as well. 

I just posted a new podcast episode last week on the very subject of "Asset Protection for Real Estate Investors".  

On episode 17 right now.

In the most recent episode, David was referred to as "Host of the Day".

I just put out an episode this week with a gentleman who buys Dollar General buildings in the Midwest and makes a nice return on those very passively.

With the numbers you gave, you won't get all of your money back out most likely, but could get a good chunk to move onto the next project (I talk about this on BP RE episode 340...yeah BRRRR!)...

@Kenneth Williams one of the Rookie episodes mentioned a place that lets you buy turn-key rental properties and provides the property management.