I’d recommend steering away from condos due to high HOA fees, which can eat into returns.

.- Taxes and costs: It’s important to consider taxes and additional fees, which can often be higher than in the U.S.- Financing options: In some European countries, investors also turn to private lenders or lines of credit to expand their portfolio.To scale a portfolio in Europe, a common strategy is to reinvest rental income and refinance properties as their value increases over time.

After that they get a 7-day curable notice with a $45 posting fee.

Of course, nobody wants to be the test case, but I've never heard of IRS treating money from a loan as income, ever.I think you would be better off with a long closing date on the purchase and sell your exchange property fast so you can do a conventional 1031, receive conventional financing with one set of start up fees/costs, etc.

I like it and the numbers look decent.Pro Forma is 7.21% and CoC ROI is 10.04%.However one of the tenants is late for rent ($1,000 in late fees this year), a smoker and their unit is hard to even be in.   

When a tenant is far past due on a balance (rent, late fees) do you first take it up with collections, or small claims court? 

Then he charges me his bank's $13 fee, so a total of $63.     

Also, they charge a 10% markup fee on repairs.

You're buying a trailer and a tenant pays the lot fees. 

Sounds like they could have different PPP or fees that go along with refinancing with a different lender.