Thoughts on investing out of country...

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Hello all, I am looking for thoughts and opinions on investing outside of the US. I am new to RE investing, but open to pretty much all avenues, once i get my footing. I feel like there has got to be some pretty excellent RE opportunities in fast-growing economies around the world with still-dirt cheap real estate, and in high traffic/touristy areas. Anyone ever explore this or think of venturing outside of the US for RE investing?