If your ultimate goal is to go overseas then I would say creating a powerful cashflow portfolio might be a really good option imo.

Doubled the square footage and replaced the plumbing, heating and electrical.

The building is in great shape, particularly the common areas, basement, boiler, roof, exterior, electrical, and 3 car garage. 

There are no hardwired ones in the rooms (they're directly outside the rooms because that was the norm in 1998), only battery powered ones, so it would start beeping when the batteries were low and the students would just take the batteries out and never replace them. 

- airDNA forecast increasing, >$550/night by 2021)Short term Rental Fees:-Property Mgmt (20% of revenue)= $1900.00 -Local tax (13% of revenue) = $1235.00General fees:-Mortgage Principal+Int: $1578-Insurance(monthly): $160-Property tax(monthly): $317-PMI: $200 -HOA: $0-Maintenance: $500/month -Utilities/electric: $250-Utilities/grass: $150-Utilities/water: $100 -Utilities/Internet: $70 -Cap Ex (saving 5% of revenue): $475-Vacancy (Saving 5% of revenue): $475——————Total: $7410$9500-7410$ = $2090 cash flow/month on average ——More traditional rental, eg month-to-month: 4 months per yearRental IncomeUnit 1-(3 bd/1ba): $2500/mo Unit 2- (1 bd/1ba): $1100/moUnit 3- (1bd/1ba): $1000/moTotal: $4600/monthGeneral fees:-Mortgage Principal: $1578-Insurance(monthly): $160-Property Mgmt (10% of revenue)= $460-Property tax(monthly): $317-PMI: $200 -HOA: $0-Maintenance: $500/month -Cap Ex (saving 2.5% of revenue): $ 122.5-Vacancy (Saving 2.5% of revenue): $ 122.5Total: $3460/month$4600-3460= $1140/month in cashflow on average

Electric is usually paid by tenants.

Per our contract the seller was supposed to fix plumbing, electrical and structural issues that we found in the inspection.

Roof replacement, new 2 story brick front facade, electrical issues.

2 of the tenants in a 4plex I manage have been complaining that their electricity bills are almost double their normal amount.

had fun but financially speaking was not the greatest use of my purchasing power vis a vi my income in those days.