WE are venturing in the Philippines with a view towards retirement - having properties that will pay for itself, a place to stay when we come to the US and buy & Hold for our future retirement or our kids in the future. 

Your numbers and your realtor's numbers are obviously more hopeful than realistic based on the evidence.You are either buying in too high or spending too much on reno.

So, you want to lock things up that are on the open market that anyone can buy, then sell them to someone else who could have bought the same property on the market, at a higher price than you paid for it?

He's in your area and also a licensed FL RE Broker so can help you organize the transaction.

When you compare rental prices to actual home prices, or your acquisition cost buying the property to the rental income produced, you'll usually find the ROI higher in Albuquerque.

I mean I could buy 10-12. 

I am planning to buy rental property in Birmingham AL.  

Investment Info:Single-family residence buy & hold investment.

I buy low end properties and turn them into middle income/working class rentals.

Hi,I am planning to buy my first rental property and looking at Harvest, AL.