@Zachery Hitchcox & @James Thomas:Although there's a small group of us here on BP who are based in Japan, I do not recall seeing this topic before. 

Making $25k over summer concerns me based on the estimated value of your home.

You may want to see if you can claim real estate professional status now or sometime in the future based on your participation within real estate of being a landlord in addition to being an agent.You may want to have your past couple of returns looked at for review to see if they were done correctly.

The XIRR formula is much more flexible and is based on the dates of the cash flows for the project.

Yes I agree, I will most definitely be working with a re attorney to help me cover all of my bases. 

Find someone fee based who can talk you through what your finances and options could look like if you do or don't sell all or some of your properties.

I'm not sure this is your case, but based on your post if you have interviewed a bunch of lenders 3-6-9 months out, searched for a contractor, and kind of kicking tires with real estate agents, there may be some that don't think you are all that serious, or they are looking for more immediate business.   

Draw a big circle around where you work or where you would ideally live and look inside that circleLook at 50 properties if you canHouse hack if you canGood luck

There are various tactics you may use to draw in private lenders, even though having contacts might be beneficial.

 16 terms you need to know in commercial real estate:1.Internal Rate of Return (IRR): A metric used to estimate the annualized return on an investment based on the timing and magnitude of cash flows.2.Cash-on-Cash Return: The annual income generated by a property expressed as a percentage of the initial cash investment.3.Discount Rate: The rate used to discount future cash flows to their present value in financial models; often represents the required rate of return.4.Capital Expenditures (CapEx): The funds set aside for property improvements, renovations, or major repairs.5.Gross Operating Income (GOI): The total income generated by a property before subtracting operating expenses.6.Operating Expenses: The costs associated with managing and maintaining a property, including utilities, taxes, insurance, and maintenance.7.Debt Service Coverage Ratio (DSCR): A measure of a property’s ability to cover its debt payments, typically calculated as NOI divided by debt service.8.Loan-to-Value (LTV) Ratio: The ratio of the loan amount to the property’s appraised value, used to assess risk in financing.9.Equity Multiple: A measure of the total return on an investment, calculated as the ratio of total cash flows to initial equity investment.10.Residual Land Value: The estimated value of land after deducting development costs and desired profit margins.11.Sensitivity Analysis: A technique used to assess how changes in key variables (e.g., rent, expenses, interest rates) affect financial model outcomes.12.Operating Pro Forma: A projection of a property’s income and expenses over a specified period, typically used for budgeting and financial analysis.13.Cash Flow Waterfall: A structured distribution of cash flows to different stakeholders in a real estate project, often involving equity investors, lenders, and developers.14.Leverage: The use of borrowed funds (e.g., a mortgage) to finance a real estate investment, potentially amplifying returns but also increasing risk.15.Equity Investment: The amount of money invested by equity partners or investors in a real estate project. 16.