Bonus depreciation and Section 179 allowances for improvements can be utilized, with the latter, however, capped at zero to prevent negative losses.

I kept meaning to buy for a few years, but I’ve been simply overloaded with a startup.My current country prevents me from purchasing property (non-citizen), and doesn’t offer fixed rate mortgages - the floating rate is high rate at 7%, and has been about this the last 20 years.

They have super majority so cannot even filibuster to prevent legislation.

To prevent cost overruns and delays, keep close tabs on project schedules and spending.The optimal strategy for financing your first real estate transaction will ultimately rely on your personal objectives, financial situation, and level of risk tolerance.

What else can i ask just to prevent potential issues with a tenant.  

The MLS rules prevent your contact information from appearing on websites, but websites are required to show the listing broker phone number.

You as an investor also shouldn’t be greedy and it’s a perfect match :) (To prevent a misunderstanding: I knew the property was being renovated and unoccupied at the time of purchase, they've informed me during the offer.)+ In my 2nd property a well pump issue showed up after the renovations have finished.

At least it sits on their credit report and prevents them from scamming another landlord or qualifying for a loan.

Seems like your biggest issue is rent - what is market rent and what prevents you from achieving that rent?

Bonus depreciation and Section 179 allowances for improvements can be utilized, with the latter, however, capped at zero to prevent negative losses.