The house was built in 1926 and needed extensive work but the price seemed right and it allowed us to stop house-hacking our duplex.

If not, you might be barking up the wrong tree.It's not super useful to conduct extensive research into how space toilets work, if you haven't even been accepted in to the astronaut program...

I figured I'd share my house hacking experiment that I've conducted over the last 2 years and see if I can bring some value to others who are looking to get into real estate or want to take their house hacking to the next level. 

Kind of dreading this going into the winter (upstate NY)I did screen extensively and they were the best of the bunch!  

@Ben BreunerAs others have mentioned - there are unique tax filing requirements for those who live abroad.If you have more than $10,000 in a bank account held in Germany or any other foreign country - this will require a filing requirement.You may get an automatic extension till June 15 to file your tax return.You may get tax credits for any taxes you pay to Germany.There may be a partnership tax return requirement depending on how the rental properties are held.

@Andrew Kougl is correct, the book on long-distance investing by David green is a must-read for those in low cashflow states that want to buy in more cash flowing areas.I'm happy to give you a market update of central IA, it is not the cash flow king like some other areas around the midwest & southeast, but from what I understand building a team in an area is the key to success.I'm just lucky I live in an area that I really like economy, RE market, and have networked extensively, that stuff just make such a big difference. 

It looks to be an extensive rehab.

Additonally, read books and conduct your own real estate analysis of properties BP has some basic calculators.

Unmitigated water damage becomes mold damage and and there is the potential of extensive smoke damage in the same airspace.

House hack (referenced extensively here so don't care to belabor the point)2.