However, that's taxable income and there are deductions you can take against your total income to arrive at your taxable income (aka "adjusted gross income".)

Normally, you would negotiate the diligence / inspection period as part of arriving at an agreement for purchase and sale.

Just put a lockbox on - or have a locksmith do it if you're out of state - and when prospective tenants arrive at the house, they can text you for the code and check out your rental on their own.  

The third option would be to buy a preexisting 4 unit, but they don't appear to be priced anywhere near 450k.Being that I have not arrived in Portland yet and haven't been able to drill down solid numbers in order to put pencil to paper, my projections may be way off. 

LOL, thanks @Ben Leybovich yes, if you ask the right questions I see how you arrive at your logic, it's a Ben Theory.

A typical arrival will still be a good seven hours plus from touchdown in Cancun airport to arrival in Bacalar between customs, waiting for the train, and train travel time.

You arrived at $250k.

I arrived at the value of $580k from using the average from Zillow & Realtor.com.

. :-)  hahaha I like the answer, so it's like Mars before Musk going to arrive there :-) 

Nevertheless it is my belief that new people are arriving as always.