I am currently in Hong Kong, and there is no way I can or will invest here as home prices compared to rent yields just don't make sense according to any of my calculations.

And your central point I think, is to use conservative numbers so the deal still makes sense even in the worst case scenario.

And YES, far FAR too often I am seeing people stack up UN-realized expenses at a compounding rate, to give selves a false sense of "profit" on whatever monthly/quarterly capital there moving around. 

However, if you're a W2 high income earner or business owner, I can't imagine it makes any sense to flip houses, mail mass post cards, wholesale, or build lead gen websites with the value of your time being better spent other places (such as learning about real estate and increasing your income through proven means), such as at your 9-5pm or growing your business, and your real estate is a long term process and you don't need "home run" deals to qualify or make it work.

It may not make sense for you, but I strongly believe it's an option worth considering (I've invested here for many years before becoming an agent here). 

That makes more sense overall.A lot of us here only buy in vacation areas.

I'm sensing this new guy will be trouble, should I allow him to go on new lease or evict both, I'm so mad I can't find our agreement anywhere, let me know, thank you for your time 

@Tayvion Payton  When I see posts like this, something I'm thinking the poster thinks financing is easier on 5+ units due to commercial loans or that the numbers make more sense. 

If so, you have to see what capital you have to deploy and whether or not it makes sense.

you would think that would be common sense but I guess not these days.in conclusion this is real estate.