Yikes, $50K would be a severe restriction if buying all cash.However...Have you considered having your Chinese buyers employ leverage afforded by either seller financing or private lenders to acquire properties?

This would be like purchasing shares in a REIT.In a syndication, investors own part of the asset and get all the benefits of owning real estate with no management and with crowdfunding you also have no management but lose those benefits of actually investing in real estate like depreciation and leverage.

Best way to get equity and gain experience is to buy an owner occupied multi where you can leverage your money, reduce expenses, and build equity. 

The question I would have you pose to yourself is, "Will I over leverage myself if I invest into something that WILL require more of my money?" 

I would personally go the route of get as many properties as possible, but if the numbers don't make sense and you over leverage or can't afford to do your first BRRRR, then you're hosed.  

@Steve VaughanJust not looking to over leverage myself I understand cash flow and paying them off as soon as I can

@Bjorn Ahlblad ... because of the type of employer, this software is made available for internal use ... so, the technology exists and am wondering if software like this exists and made available commercially.

If it is a "bad" deal at first glance, it sometimes makes me even more excited because now I have leverage to negotiate more and so I go to find ways that this could turn out to be a better deal than how it appears.

You purchased an income property with leveraged funds.

It seems housing has a component of "leverage" that has many folks bypassing my savings rate while spending more.GoalsMy goals are 15-20 years from now (mid-50s) to be able to retire early, have fun, while maintaining a lifestyle and income.