They appear to be really soaking their unsophisticated investors, my guess they focus on doctors, and it's a risky place and time to be buying too. good luck

I live out of state (out of country, actually), and have never lived/rented/landlorded in the US.

So I'm guessing only buildings with less than 10 units can participate?

When you say "the revenue on Furnished Finder," are you referring to what other operators are actually listing their properties for or the amount FF is suggesting you charge in their landlord resources?

If you are 100% sure you'll move there then I don't hate having a property lined up, as long as you swing it. 100/month isn't going to actually cash flow.

I remember the magic 2% number is coming from an historical basis from New zealand central bank I guess ?

Watch out for adults renting for their kid's youth group and the actual renter is not even there, just unsupervised 17 year old football players and cheerleaders.One thing to consider in buying a house is emergency response. 

I have been successful getting ROW and actual city streets abandoned and removed. what needs to happen is everyone who benefits from the ROW has to sign off if that cant happen then it wont be removed.. the property it serves you cant leave land locked either .. dont know your situation but its worth exploring. 

You actually have negative equity, or a liability. 

Actual Cash Value:  The Replacment Cost minus the depreciation.