This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

We decided to do a full rehab to get nearly double the rent ($2900)and increase the ARV to $260k.  

I just can't accept such a constant ever increasing loss, even if I can afford it. 

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refinance based on the current rent roll?

This shift will increase the pressure for transportation to and from job centers.

Planning on increasing my daily budget to probably $25/day and maybe adding in another state for $10-$20/day too.

Slight Update: After speaking with more BP members, I’m increasingly leaning toward making my first purchase in New York—a 4-unit rental property where I’d be my own landlord.

The homeowner collects a NET/NET 5% yield with 1% increases each year in long-term lease by a BBB+ credit rated tenant (similar to Morgan Stanley credit).

Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.