When they gained 5 pounds during the day but lost it overnight, they will be the first to tell you"I lost 5 pounds since yesterday...."

Capital gains realized by nonresidents on the sale of Portuguese property are taxed at a flat rate of 28%.

If the property fronts on a state road, you will need an Highway Occupancy Permit from Pennsylvania department of Transportation, to gain accces to the road. 

If it makes any difference and will better guide your answers, we live in Ohio.Thank you for any insight you can provide me.

@Drew Sygit brings some good insight into the possible pitfalls.

Thank you in advance for your insights!

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

Quote from @Tayvion Payton: Hey everyone,I'm evaluating a multi-family deal and could really use your insight.

I appreciate the insight!

Not alot of confidence in any existing rentals as consistent indciators but I feel like so many homes are 1/2 rentals and don't tell the whole story.Anyone have any insight into the Cashiers/Highlands/Sapphire/Lake Toxaway markets to share?