The town home would cash flow ~$200 after expenses (and is near new/low risk of large capital costs). 

Is there a loan that will include the purchase price and rehab cost?

Plus, like any manager, you might get questioned about the cost of any repair too!

Currency exchange rates can also affect costs.

I had four calls today with investors who are accredited and are gun shy because each had over $100k invested in deals gone bad and trying to see what  (if anything) they are getting back.Some things to consider also:506c and 506b will cost around $10k to setup. 

I believe that the cost at the Embassy was about $50.  

Those cheap areas look good on paper until realize how high turnover costs truly are.

Partner Driven was drawn to the N Pasadena Ave property in Waterford, CA, due to its potential for a high return on investment with minimal renovation costs.

Could use some cosmetic updates throughout and the rehab estimate would be about $40,000.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.