My short term goals include constantly gaining as much knowledge as possible about real estate investment, and working/interning for a local real estate company in the high country to gain hands-on and networking experience.

Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

And any recommendation of local mortgage brokers/lenders that work with international buyers?

I usually try and hire interns or someone local who is looking for some part time work. 

A cash-flow of $50/month would not be sufficient to deal with your own internal maintenance of the unit, let alone a project levy by the HOA.However, in some markets and for some folks condominiums make fine rentals (unless the HOA changes the rules about owner occupants), but the numbers need to make sense - after all of your operating expenses, you need enough NOI to service debt and fund a capital reserve (for those "oops" from the HOA.One note of caution on the BP calculators: They are U.S.A. specific.  

Oh yeah...the HOA is also giving me very favorable terms on paying back all the dues in arrears for the quit claim deeds and any of their internal foreclosures.

Martin its sad that so many city governments are legislating the creation/retention of giant slums... 

Hello Jordan,I read your profile, and I think focusing on international student housing is a fantastic idea.

Now, just like in Baltimore, your Legislators will address this and your model will change.    

We are working with a partner to outsource our diligence to former Goldman analysts because it is cost prohibitive to carry staff internally for a small amount of deal flow.