As someone who's never invested in real estate before Puerto Rico is a very difficult place to start, since of how minimal public data is. 

There are too many economic and political factors that also affect REI and are difficult to predict, as well as dealing with politicians that readily lie about the economy to protect their backside.

Privacy Shield, has made it difficult for companies, including real estate firms, to transfer data across borders without risking compliance violations.

I have a former post and the lady has been super difficult to deal with for the simplest of things.

@Raghul Manoharan what's so difficult with the NARPM Calculator?

I do agree some rents versus house prices can be difficult, but being creative is key...

That's unusual and it would be very difficult to find a passive investment like that.Also direct control means I know exactly what's going on.

go to her broker, make it super difficult to work with. go after her license, go after everything and say all you want is a release. you are a consumer. the law is pretty clear. look up procuring cause. buy a different floorplan of the same house int he same neighborhood without those addresses and you'll get around it 

Also, in Chicago I see it being quite difficult to even find landlords that would be willing to allow an arbitrage situation.  

I'm an investor in NJ, mostly in North Jersey but very difficult to grab multi families, anywhere south of Monmouth county there is more inventory and have a better chance of landing something that makes sense.