Mitsubishi Estate has purchased a lot of real estate for the intake of new foreigners that will start to receive a Digital Nomad VISA for Japan. https://visaguide.world/news/japan-plans-to-construct-10000-...If this opens up the amount of time foreigners with proof of income can come and visit, even if it's a year, I will re-open up this as an option. 

Analyze properties based on rental income and expenses.

For the 1099 income, you'll also need something like a profit-and-loss statement for 2024 to show that that income is continuing.Rental income from a roommate?

Hey Chris, house hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place.

You can consider buying rental properties for steady income and potential appreciation, do house flipping for quick profits or explore REITs for a more hands-off approach.

I am trying to find a mentor and I feel like working for a corporate wholesaler might give me the experience I need to turn my little $175,000 chunk into a rental property business one day.

You may be able to purchase from B lenders such as Mortgage Investment Corporations. 

My main source of income is a full time W-2 job with a custom home building company (S-Corp).

Is this a credit worthy corporation that's been around forever or a small business of some sort?

Incomes are not keeping up with the cost of housing.