You really need to understand financing to get to the ultimate goal, otherwise, just be a landlord.

There are 10 Hotspots...http://www.inman.com/reports/global-buyers There is an association you need to check out for resources...Asian Real Estate Association of AmericaFounded in 2003, the Asian Real Estate Association of America (AREAA) is a nonprofit professional trade organization dedicated to promoting sustainable homeownership ...areaa.orgWhile here check out 3 different local REI club meetings, connect in advance with the President and vendors listed to get going.Go to a couple of landlord association meetings, look for distressed owners.Remember you are here to build your team, realtors, attorney, inspector, property manager, bird dogs.Follow below to get a better head start on the REIA meetings.Paul

Need advise as to what options I have as a landlord....

(Which you can get referrals for through REIA, or if you want to self-manage, landlord contacts you can bounce ideas off of.)When you come across a property on the MLS that you like, perhaps speak with an agent about seeing it.

As a new landlord, this might be a good opportunity to see how I like it.

My buyer, a rehabber/builder and landlord in the area was already at the property before 8 am this morning with the county inspector, doing a walk through to assess a rebuild versus demo (he's going to demo it).

I became an involuntary landlord in 2011 when I had to move out of a condo downtown that was underwater and I have been renting it out for the last two years.

Some investors have had luck attaching tax return refunds etc. and I would imagine what you can do varies by debt laws in that state and then the federal collection laws.Bottom line for me as a landlord as I am not in the debt collecting business.

Then your expenses, are much more than $2,737.50 for the year.I suggest that you spend some time in the following forum:Landlord and Rental Property Questions.Here is the link:https://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issuesI suggest that you spend some time reading the first 4 "stickies," and the first one that you should read is the "50% rule."

You'll need to change your insurance policy to a landlord policy.Your sale contract can provide "possession prior to closing" and require additional earnest money payments for possession under a separate lease agreement.