no actively participate, main source of income, no w2 job, then, the income is active income and mostly get 1099, which is qualify for the SE taxes.  

. - we simply have networked with local wholesalers and agents to source off-market deals. 

Congrats on making that early “retirement” move and building a life you love in Tokyo.I’m based in San Antonio and work with investors on sourcing off-market deals for flips and rentals.

You are in an ideal situation; when you find a good deal, you are already plugged into a lending source, partnership opportunity, or referral fee*.Best of luck!

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.

We have received "deals" from some that were pure fantasy so you might need to find a better source to get deals from. 

You’re already thinking the right way: sales + deal flow are the lifeblood of investing.I’m based in Chicago too and actively investing here, so I can tell you firsthand there’s opportunity in the NW suburbs if you know how to source and structure the deals.

where are you sourcing the deals from currently?

I manage permits, city communication, site visits, GC coordination, and materials sourcing.

We source, analyze & negotiate the deal, manage the deal, and perform rehab at cost (including in-house architect and interior design work).