Brb Renting out 10bdr Mansion for $500/month , brb Hills of food in restaurant $2/meal , brb Live-in Maid $30/month
Normally, I dont do this ...but since all the replies to your thread are rubbish except for 1...I'ma go ahead and keep the party going..
FACTS:
- No such thing as $500 10 Bedroom Mansions for rent. Closest thing to that is in Makati (Manila) in a sub-section called "Forbes Park" ..its a popular section for foreigners ..Filipinos arent not even allowed to step ground there without proper paper and clearance...More Bel Air, than Beverly Hills...Theyve got "compounds" for rent..8 Bedroom house, sauana, indoor/outdoor pool...Guest house on property... $7,000 a month...NOT $500 ..Im sure you can those mysterious $500 properties in the Proviences or "country"...but would a "CA-NO" (Thats what they call us) ..want to live in the woods, by himself, around people who think he has a billion dollars in a safe in his home...
SERIOUSLY .. 3 Bedroom, OceanView...2 Bath...22nd Floor Condo in the "Marriot" about ... $1000 - $1,200 monthly..3 Bedroom in Mabolo (Cebu) same deal, non oceanview but private walkaround balcony...$800....If you on a budget you can get a 1 Bed for $500 or so if needed...
FOOD - IS CHEAP...$2 meals, $5 Lobsters..and that is true...but you'll get tired of it fast...Pizza Hut, Coke, Pepsi, Mc Donalds..etc are all not the same...and are nothing compared to back home..a Big Mac has a patty on it as thin as a sheet of paper..
Live in MAID - I was paying $25 a month + $20 a month for her quarters downstairs.
LABOR - CHEAP .. $5 per day, I was paying my people...I met an "big time" ATT exec over there...his take home...was $600 a month

...so thats were you are really at an advantage..
BOTTOM LINE - Few months of play, few months of business are cool...but if you are still young, OR have anything of interest going on back at home...you will get tired and not stay long. At one point and time, I was looking at land on the beach..was going to build a house, and blah blah blah...Beachfront and built for less than 300K, not bad at all. But, I couldnt do it...the people and country will drive you crazy..
Good luck, go there...meet some women, make some money...it is an experience..