Im not looking to have another job im basically doing it for the mls.

They build houses for a certain demographic of renters and then give them the house almost for free.I wish someone would give me a free house.People who will never live in the house build it for them for free.I wish contractors would come and build a house for me for free.I just don't see an avenue for profit from this.Everything is basically given away.

If you create your chart of accounts in an excel list you can basically download your banking in excel format and quickly classify transactions with consistency.From there you can sum each account and quickly run a profit and loss report.I like QuickBooks because as I grow my portfolio I have all the functions I need and I can run year over year reporting.

So, I'm basically making it plain...

My first property was also last year, and am hoping to complete the purchase of the next two before the end of June (this is the deal in question).My goal is 2 properties per year... so after June I will use the remainder of 2019 to sit back and monitor, refine housing policies, maybe take a RE course, move to e-docs lease signing... basically just come up with ways to automate and make things easier for myself moving forward (since I also have a semi-demanding FT job).

Most people who go there go for the all-inclusive experience, the beach and the party, as there's basically nothing else to do there.

Some photographers will Photoshop fire into a fire place etc. but otherwise you can use your basic editing tools on your phone to "brighten" the place up as it were. 

Otherwise your numbers do basically seem reasonable. 

We plan to continue to re invest the principle from those deals over and over  to only lock up a small amount of money and keep open to investing options back in the states that might happen while we are over here in korea enjoying what the army throws at us next. 

@Vlad Denisov the property is in the westbank in Louisiana the neighborhood is B or C+ class.I’m looking to probably finance 80% through the bank and 20% seller finance or private money lenders, still looking into the options.My out of pocket will be basically the closing costs.I don’t know what you mean by the future tax !