Quote from @Grace Tapfuma: @Benjamin Aaker, who would manage those properties if I am hoping for a more hands off approach? 

With the cash-out refinance, the new loan would be approximately $1.2M.I plan to invest the $600K into rental properties with a hopeful average cap rate of 10%,… the goal of covering the mortgage payments on the $1.2M loan as well as the expenses for the rental properties.Does this approach seem feasible?

But it's been sitting for 5 months on the market, and they can't sell it, so I was first going to approach with a assumption offer, but how do you approach with a subject-to, with purchase option offer?

Why did RE collapse in 08-09?

I think that market approach is saturated.

How have you been approaching buyer connections in your new market?

Would love to hear more about your approach!

Has anyone used this approach to invest in real estate?

Am I right in saying that it seems like fix & flipping might be the best approach in Spain?

Would you try this approach?