While he was looking down at me from his mansion with all his degrees ( and crystal ball ).

Lori says nope we are going in at 6.4  as she had deduced the seller was foreign and bought the home for their 19 year old son to live in while going to collage.. not sure what a 19 year old needs with a 14k sq ft mansion with exotic cars to boot.

@Lukas Zupan literally researching /purchasing my first home in Detroit ... if I had had an extra 100-200K lying around I would already be an easy millionaire, 5/6 bedroom mansions for 20-50K

Is it a mansion, is it waterfront with ocean views, is it a new house with all the amenities? 

I ran across this little blip on zillow:Most expensive rentals in LASo I looked closer to home:Most expensive rentals in PhiladelphiaI know that there are huge mansions in NJ that I guess get rented to?

. $1.5 million mansion rehab vs.4 unit multifamily rehab) all of which I have done.

Another of the concerns is what @Andrew Michael about the country being able to seize your assets over night, does you owning the property like you mentioned mean that there is no way they can take it from you...because they could not allow you to rent it out if you get to keep it virtually making it worthless right, its crazy how things like this work in less developed countries (had a country without naming hold a family friends 6 million dollar mansion and not allow them to sell to international buyers over night)Also whats the management costs like there is it the same 10/15%?