That seems extreme to me, but even if is only 10% of that, that's more than our States entire population, the implications are supermassive. 

Start small with duplexes or triplexes, analyze deals carefully, and build a team of local experts.

Always looking to connect with other local investors to share ideas!

Your local laws are going to prevail.

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.

If I were in your and/or your mother-in-laws shoes, I would go to a local bank and use the free and clear house to secure a $150K+ line of credit. 

I would recommend checking with some local insurance brokers in your area, they may know more carriers that are available."

Does your local jurisdiction require you to return those fees if they were not screened? 

Try talking to local banks who want to do business with you.