Purchase price: $290,000 Cash invested: $25,000 3 Bedroom 2.5 Bathrooms townhouse with approx. 1750 sqft located in a tucked away complex.

I am guessing you mean 5-unit apartment complex.

The complex is a mile from downtown Houston and a short walk to Bayou.

@Tomer O.This is a highly complex matter dealing with international tax provisions and I encourage you engage a CPA who can help you.

Do the hoa documents limit the number of rentals in the complex, some do.

Just really research that area regarding those vacancy rates and what plans there are for other complexes to come online in the future look like.

No complexities or anything else, just a number with the name of the place i spent money.The simple act of tracking the expenses and thinking about it changed the way i spend money, and i now save the majority of my disposable income.

Hopefully I don’t get in trouble for some of the things I say...We ditched the Home Style loan due to the unnecessary complexity and time delays.  

Then in my old neighborhood, there's a strip of land between railroad tracks and home backyards, vacant, a developer bought it, and it took years for him to get the approval to build an ugly over 15 story condo complex in a 2 family zoned area.

I have suggested fencing the community, putting in an office, and creating an office complex.