Now I'm find a property whose potential ROI seems unbelievably high (property tax and HOA fee seems suspiciously low) and I wonder if I miss any factor to consider.

When we go to purchase, we are almost always looking for something to BRRRR and consider fix-and-flip as an alternate exit strategy.

PHL Home Prices Surge Amid PandemicHome prices surged by a record 27% in the second quarter, driven by strong demand for high-end residential projects and an uptick in costs amid the pandemic-induced lockdown, central bank of The Philippines said.Read more here: https://www.bworldonline.com/p...The fundamental reasons for such a bullish outlook for the real estate sector are the young and growing population, the transition of the Philippines from a low-middle income economy to a high-middle income one, and the expansion of economic activities away from the National Capital Region to other alternative metropolitan areas that even before the pandemic had already been growing faster in terms of gross regional product than Metro Manila.

Can you give me any tangible examples of what I can do within real estate with my money or time as an alternative? 

The School of Hard Knocks is THE most expensive education out there.There *IS* an alternative, of course.

Maybe a oil fired furnace with air conditioning is another alternative 

Hello Whitney,Thank you for your input, I was not sure if there were alternatives to a HELOC or a Cash Out RE-FI.

Or are there other alternatives I can consider?

If he refuses then the only alternative is to evict him or offer him some "cash for keys" just to get him out in a cooperative manner. 

When it comes to appraisals, what are you opinions/ experiences using cheaper but nice looking alternatives like roll on counter tops vs actual granite or more expensive options?