Great hunting, fishing, skiing, cross country, inexpensive golf , Presque Isle state park for beach goers. 

Here again, you’re focusing on plumbing, electrical, foundation, structure, roof and location, as the rest will generally be cosmetic repairs that can be done quickly and inexpensively in an effort to realize the true value without going broke!

All of those are inexpensive ways to get into property.

Amount depends on where you are and what the property particulars are.Website/domain: You don't have to have this to get started, but if you choose to they are also relatively inexpensive.

It's not a inexpensive venture, but I want to earn enough passive income through real estate to be able to invest down there in Belize.

If you add in 10% for property management, 10% for maintenance and 5% for vacancy, that is another $450 in expenses. $1800 - $1000 - $450 = $350 cash flow per month with conservative numbers.

An LLC is really easy and relatively inexpensive to set-up, but I would have an attorney write up your articles of organization.

Demand is extraordinarily high, and finally the relatively inexpensive homes here allow an investor to scale and smooth the monthly cash flow line by doing so.  

You will need to create your Articles of Organization and an Operating Agreement, pick an available business name and follow whatever other requirements your state has for each LLC (I believe some states require a business license/ permit, notice of intent etc. however it's very easy and inexpensive where I am here in CO).  

Episode 555 of the bigger pockets podcast talks about buying in expensive markets.