As we raised our crew of nine young adults, we learned of the challenges that many Eastern European orphaned children face.

Some types of searches (probates, obituaries) would lead to the grand father (NOT my kind of dead of person), and miss the European loner (my kind of dead person).

My prediction is that bank lending in the U.S. will tighten up even more, as the European debt crisis worsens.

I do a half dozen deals or more in most major cities in the northern/central Florida cities per year.   

So there's this thing that's been bugging me for some time.I'm in two European markets.

I'd say that's a bit of an over reaction....if that scares you off, then you'll be scared away from most major metro areas.Indy is roughly 400 sq miles.

Manhattan is an island and the high end is often going to foreign buyers - NY is a lot cheaper than most european financial centers  and on FX alone a euro investor has made almost 30% in the past 2 years.

@James Lindsey  buying auction properties is not buying for appreciation.. its simply value add... using what many don't have CASH to buy at the court house steps Add value and sell retail to homeowners.. this business model is alive and well in most major metro areas especially the West coast.. really depends on how competitive your auctions are.unfortunately here in PDX we have a a bunch of folks with a bunch of money so no big hits to be had just a bunch of singles and an occasional double. the big money is in development.

The only market where Europeans are likely to get a good return is the US.

I'm looking to invest in a supply constrained, rent controlled area with good rent growth (eg, most major west coast cities).