The good lenders will require that you have experience not just in real estate, but in apartments and likely in the market you want to operate in.  

Financial freedom requires maintaining your lifestyle for life.

If the house sits downhill where water runs and sits towards the house, in my experience it will some day have foundation issues.

Renovation loans such the 203k, Homestyle, Choice, etc. for a project of your size will require 1 GC to run the project.

@Emre Dura you may want to connect with @Drew Sygit to discuss this in further detail after reading below...All foreign investors owning U.S. rental property are responsible for paying taxes on any and all rental income they earn in the U.S. regardless of any tax treaties that may exist.Since some of the regulations and requirements can be confusing, Logical Property Management (LPM) has created this document to summarize the options for a foreign investor.

To my knowledge security deposits are required to be in non-interest bearing accounts unless written approval from from the tenant.

For example, lower down payment requirements, FHA loans, and other supportive housing policies make it possible for more people to buy homes despite the high market barriers.Another factor might be the generational wealth transfer from Baby Boomers to Millennials and Gen Z.

But it can go either way and requires a longer case-by-case discussion.

The STR one is 1989 built and needs some Rehab in form of paint, cabinets, appliances, floor, fixtures, water heater etc.

All the while being passive investors which professionals and athletes require.