Also repairs would likely need to be done over time and you would need some luck in the values and rents appreciating in the next 5 yearsOne of our clients recently purchase a home for 490k in a good area of Concord 3+2 typical rancher, after renovation we are closing escrow on the resale today for 680k.So as a Retail buyer lets say you could buy that property for 510-520k (not all cash, more contingencies, no "inside tips") and put in the work (70-90k in renovation) to make it worth 650-680k.

I would strongly suggesting working with a CPA who specializes in both international taxation and REI to ensure you don't end up in a tight spot.Thanks for the tip, we will keep that in mind! 

@Steven McCutcheon I confirmed with my lender and it's a conventional instead of 203K, thanks for the tip.

Are there any tips you could/would like to provide for newbies trying to start in commercial real estate? 

This often is a tip off of not legal.   

What are some good tips to find and vet sub-contractors for foundations, framing, plumbing, etc.?  

Are there any tips/advice they can share?

Would appreciate if you have any tips and advice

any tips?

There are quite a few guidelines in the licensing course on how the ad for a listing should look like, but not much on policies to adhere to when placing an ad for advertising oneself as a realtor.Any tips from this group for a first time would be great.