Sounds like a plan.

How long it takes to be financially ready is different for everyone.

From a financial perspective, loading up on insurance is more adventengeous than a LLC because if a claim arises, I'd rather file an insurance claim that give up the equity I built in a lawsuit.

As an investor, I'm drawn to the incredible potential real estate holds for achieving financial freedom and creating a legacy for future generations.

Do you plan to refinance after adding the value?

My plan would be to stay with family in CA the 2-3 months I am back from work in the U.S. , and have the property 100% rented out for the year.

@Juan Tonche IRA Financial Group.

Here are some of my next recommendations based on your current BP Profile Bio:- Listen to the BP Real Estate Rookie Podcast (https://www.biggerpockets.com/podcasts/real-estate-rookie) - Read "Set For Life" by @Scott TrenchI see that you are about to graduate college and plan to become an Army Officer by May 2025!

The lenders I've spoken with start asking for documentation "to validate the financial viability of the business" even though there's clearly more publicly available information from these companies than any kind of private investment. 

It's a great plan.