It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Nice, I don't know Castelo Branco, but Portugal is on my list when COVID gives a break. =]I assume you know the place then.

Nice to meet you Khalid, saying hello from Chicago!

Depending on your goals, this might be a nice vacation property and to diversify your portfolio.

What makes it slow in this case is that you don't really start seeing real cash flow until after year five but it's more effective than rentals in that there is little to no maintenance.Sure you can live in a home while fixing it up with the intention of selling it for a nice profit later but I think many people are already doing that and the buyers of slow flips now also have that opportunity without having to qualify with a bank.

My strategy in Arizona has been adding bedrooms and renting by the room - currently getting 850-950/room in nice neighborhoods.

Around Gaithersburg, Germantown, Rockville area the houses over there appreciate very nicely and the communities are amazing from what I've seen.Frederick does have alright neighborhoods but they dont align where I want to live, the rental growth is low, the houses do not appreciate that well over there, the areas communities are a bit seperated diversity wise.

I think the property is a nice property for renters.

Eventually whatever you will buy will cashflow and cash very nicely. 

It's a nice touch, but it won't help your reviews I wouldn't think.