Otherwise, I merely educated my clients in some fundamentals of taxation.So, if you don't know the basics, then any accountant will deliver "magic" results to you.

Focus on basic houses that only need visible cosmetic work and are easy to resell.

You’re basically training anyone interested with slow drops to just keep waiting. 1)  It’s been on the market for a long time so there’s something wrong with it or it’s over priced. 2) I’ll just wait and price will be lower in the future. 3) There’s no FOMO. 

Looking at possibly exiting if interest rates go down since prices will most likely go up and the profits have basically been cut in half over the last 2 to 3 years and that's with self managing...I'd lose $$ every month if it was managed.

However, you need to understand basic fundamentals. higher returns means higher risk, effort and/or barrier to entry.

Joseph Montes - We did not want the guide to get too overwhelming, and decided to keep it to the basics.

I basically started off doing this on my own.

As to the complications of owning/investing overseas, it's not easy to answer general questions but basically depends on the country.

With tax season here, I’ve been talking to a lot of real estate investors who work from home — and I keep seeing the same thing come up.They have a home office…but they don’t realize how powerful it can be when it’s set up correctly.Most people focus on the home office deduction itself.That’s helpful — but here’s the part many investors miss:A properly established home office can unlock mileage deductions.When your home office qualifies as your principal place of business, trips from your home to properties, job sites, meetings, supply stores, or lenders can be treated as business mileage, not commuting.That’s a big deal.Without a qualifying home office, those same trips often get treated as nondeductible commuting miles.With one, they may become legitimate business deductions — which adds up quickly over a year.Of course, the home office still has to meet the basic rules:Used regularly and exclusively for your real estate activityClearly tied to management, analysis, bookkeeping, or operationsDocumented properlyWhen it’s done right, a home office doesn’t just reduce expenses — it changes how travel is treated altogether.If you’re running rentals, STRs, or active real estate work from home, tax season is a good time to double-check whether your setup actually qualifies — and whether you’re taking full advantage of it.For those investing from home — do you currently track mileage tied to your real estate activity?

Seems like their business model is basically "wholetailing".