Of course the yields during the years of this upper trend will be 9-10%, but expect a drop.I would say that a property without elevator of 30-40k you could expect a rent of 350-400 euros per month, but in few years will drop to 250-300 euros er month.Just my 2 cents.

Over the course of a year, that equates to $300 EACH AND EVERY YEAR.

Needed 2 years US tax returns, 2 months recent bank statements, copies of my foreign paystubs for past year 2 years (which had to be signed and verified by employer) and the of course credit check since I was buying less than 5 unit property.Looking to make another purchase of 4plex by the end of year, or something bigger if find the right partnership.

If their renewal is long way off, you could do a spot inspection and if you find anything in disarray or that goes against the lease they signed you can order them to rectify and say random spot inspections will be conducted [with a 24 hour notice, of course]. 

@JD Martin I also like being in charge to do as I see fit as you mentioned.

Of course, one has to qualify for it.

But to be safe, zip codes 98501, 98506, 98502 are going to be your best bets to stay in the Olympia school district (always double-check of course). 

The reason you get a mortgage is either because you haven't got enough money, or you have better things to do with the money, like buying more properties, or, if you sleep better knowing you have liquid cash reserves, stuffing it in your mattress (not really, in your mattress, but you know what I mean).What if, instead of buying for cash and gaining 10K equity when the house appreciates from 100K to 110K, you buy four houses with mortgages and you gain 40K equity when each appreciates from 100K to 110K.Of course, the inverse, is true. 

And of course as you said, time isn't your friend.

Even after asking the rent rolls, financials, T12, etc the most info we could get, could fit in single square of toilet paper.