Hi Bigger Pockets community,I have some high net worth friends in Greece that have expressed interest in investing in real estate in the states. 

Yes, they make for quite neighbours ... provided its not a local teen party/shag location.

We're pretty much neighbours lol I'm from Thunder Bay, Ontario.

The fall out has been, several neighbouring owners have it in their head that their properties are worth 90-100K/unit when the underlaying business supports 60 - 70K.It's made it tough on the smaller independent investor ... unless you want to pay too much. ;-)

You should be viewing the bad neighbour as a major plus. 

And than we started to have issues - being no educated on property management we had got very bad tenants who destroyed relationship with neighbours causing a few tickets from the city, forced demolition of oven in our second unit.

Greenberg:While I suspect you were merely trying to be flippant, it would seem your misunderstanding of your neighbours to the north draws upon an ignorant stereotype.  

I would probably pay your neighbour and be done with it.

@David DorseyMy story is weird but I think plenty of people get into flipping in the same way and so I'll share.I did my first renovation in Athens, Greece in 2006, at the absolute peak of what we know was a hugely inflated real estate boom fueled by bad money debt deals.

Some people like the condos as there is no yard to keep up, but you also share your walls with neighbours.