Then they built new subdivisions south of Hammer that seem better, but this since I've been out of real estate for the last 8 years, so don't have much of an opinion about the area.

After 3 years, it'd be paid off completely. 35000/100000 = 3.5% which is a bit higher than the 1% rule, which seems much more difficult now-a-days in the United States.Business in JapanAs an American, we can go there for 90 days, no VISA required.

A friend even suggested friends/family raise for the investment, but since I've never done anything to this scale, it seems like a lot to take on on my own.

An agents motivation to work with someone based on receiving a higher commission seems unethical to me.

It may seem strict, but we are covering costs associated with what tenants leave behind.

I 💭 once house is built & sells we split  50-50- should be some profits left over- ..why more ppl aren’t doing this if it was straightforward 🤔 ppl get scared & don’t like a daunting process?

Based on the information provided, it seems like this could be a solid long-term investment opportunity.

I paid them as instructed and they agree to return money and I trusted them based on their website, it seems professional.Once they received 3% ($1230 USD) payment by wise, they demanded 20% of the money as collateral mortgage since I did not have the property title.

While my situation is relatively straightforward with a W-2 job and 5 rental properties, I feel I'm not receiving the proactive planning and guidance I seek.

The area seems it may be on the cheaper side of the close surrounding areas while at the same time holding the potential of having good cash flow.