Some questions for the people with experience: What are some basic landlord problems I will most likely run into?

The stuff that needs done are some of the most basic things someone can do.

For large apartment projects, it is not practical to demand the return of all letters before closing.

That gets worse as you get farther out of the cityTLDR: values depreciate, inflation has gone basically nowhere in Japan for a long time, the supply of housing is pretty good compared to demand (unlike the US) and that's because of flexibility with rezoning and development, taxes on rental income are high. 

It will familiarize you with the basic terminology and benefits.

It will familiarize you with the basic terminology and benefits.

It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.

The properties here are cash flowing, and appreciation has been over 10% and will likely continue due to the Micron project.

Confirms my thought process as a Renovation Project Manager- turning Investor.