Now, obviously this is just a rule of thumb and it varies drastically from property location, condition, etc. 

The rules are different, depending on that.

It really depends on how quickly the tenant can secure a new home.Best wishes,Melissa

It may depend on your accreditation status though, just check that.

General contractor in business for 40+ years with an opportunity to acquire someone else's unfinished rehab for ~$2M with an ARV of $4M - $6M depending on whether we finish the existing project or tear down and start over with a better design. 

So it really is going to cost you as low as 20% or as high as 47% depending on your tax bracket. 

Typical rates are 8-12% of income either monthly or yearly depending on manager.

Depending on whether you use a "light-doc" program or a "full-doc" program, rates will change.

If you were able to actually occupy and travel back and forth overseas and back to the US but keep it as your USA primary residence, maybe that would open up options as a second home/primary, etc. depending on the full situation.

There would also be a mismatch at the state level depending on which state you're looking at since some conform to the federal rules, some have their own, and some ignore it entirely.