I started looking into real estate as a way to financial independence around that time and was offered to buy my first property by a family member who was looking to leave the investment world.

I am doing this because this is not the only property I intend to buy so I thought I should start off with an LLC now.

Did it suit both?  

Purchase price: $592,000 Cash invested: $85,000 Sale price: $800,000 Bread and butter duplex buy, rehab, and split for resale.

I buy alot of duplexes How did you find this deal and how did you negotiate it?

Which city would be the best investment for 2024 among Little Rock, AR, Atlanta, GA, and Nashville, TN for a buy-and-hold strategy aimed at long-term appreciation?

Just purely looking at numbers property 2 comes out ahead buy a few hundred bucks a month depending on how high it gets bid up.Any advice on this?

Basically because I'm foreign I don't qualify for residential mortgages and it would be much easier getting an asset-based debt.Or do you mean buying in cheaper tertiary markets?

Think of the EXTREME example where someone buys a ratty house in a TERRIBLE neighborhood and then GROSSLY over improves it because that is what they know and like themselves.

As you've already observed, when you buy a $500k property and finance at 50% LTV to rent for $2,800/month, your Cash on cash is abysmal.