Hello BP community,
As a new investor,  I feel like a core pillar upon which success is built in real estate from what I have seen from other experts in this forum is being able to determine acceptable risk for a dea...

Does anybody have any recommendations for me in terms of how to acquire more rental properties?

But you are receiving monthly ROI in terms of rent, not paying taxes for your refi (since its not a taxable event).So I'd offer that while flipping could make sense if you think you're going to do better, I think ROI is not the best metric to use in this case.

Thinking in terms of "rehab is done, house readiness" checks.

PHL Home Prices Surge Amid PandemicHome prices surged by a record 27% in the second quarter, driven by strong demand for high-end residential projects and an uptick in costs amid the pandemic-induced lockdown, central bank of The Philippines said.Read more here: https://www.bworldonline.com/p...The fundamental reasons for such a bullish outlook for the real estate sector are the young and growing population, the transition of the Philippines from a low-middle income economy to a high-middle income one, and the expansion of economic activities away from the National Capital Region to other alternative metropolitan areas that even before the pandemic had already been growing faster in terms of gross regional product than Metro Manila.

If you pay them off faster, once they are paid off pretend you still owe the money and put that into a separate account for your down payment.The $1600 you are paying for the loans will make a huge difference in terms of what you can afford to borrow.

There is no clause about moving out prior to end of lease term.This is the first time I have had to deal with this, so I am curious how others have handled this in the past and what obligations that tenant has in terms of the remaining time on the lease?

Therefore, as a buyer there is little advantage in having a real estate license in terms of closing costs, correct?

Would perfer to keep this as a rental.There are two more that we need to get a bit more info on but these are the solid ones in terms of number. 

From what I hear, the farther down the scale you go in terms of neighborhood, the more wear-and-tear your tenants will leave your property with.Also, I don't see a budget for a property manager here.