Also I’m afraid your numbers are very aggressive for example the rehab budget is extremely light for that scope of work no matter what part of the country the house is in.

And yes, Colombia is an awesome country to live and invest in and you can definitely get that sort of return.You're welcome. 

I currently live in Manhattan, travel between NY and eastern PA weekly to see family, and am looking to buy my first multifamily property.

I run a property management company and about 90% of my clients are out of the state or country.

My guess is wholesaling will become illegal across the entire country as it is seen as consumer fraud and that means the feds will eventually get involved. 

We have one of the best rental markets in the country, with an inventory shortage, so when she moves out you will likely have no issues finding a tenant.My suggestion would be to look at cash flow potential when you buy, which I’m sure you already have in mind.I would be happy to answer any questions you have and guide you to some areas based on her needs and yours as an investment.Melanie

You should find your own deals and get closer to 2% once you get a few under your belt.I like the middle of the country personally lot of great deals to be had.

In many states around the country, such as New York, the specification of any force majeure event necessarily precludes other force majeure events from being included within the definition.

It starts to creep fast.Best thing to do is discuss options with a local GC that builds the type of product your looking to build as costs do vary by region so I am giving you what I am seeing here in the SE area of the country but I work with people all over the country and costs are fairly close for this type of construction.

Currently, I am flipping vacant land with a focus in eastern Tennessee.