The devil is in the details, though and they have things to look out for like Chinese drywall, flood zones, high insurance and property tax rates so it is definitely a learning curve....but if it were easy, everyone would do it!

Be kinda curious how he's going to hide his kid making money off the Chinese. 

If you don't know the language, the numbers will be Chinese to you anyway and you won't know if they are fair or not. 

No, he's going to be eating out every day.If you want to be a nice guy, buy him a hot plate or give him 50 bucks to help cover a few Chinese take-out meals.

The DFW area is a tough market with all the Chinese investors buying and they dont play by the 2% rule.Joe Gore

They're now pumping these out 10 a day.http://www.businessinsider.com/a-chinese-company-3d-printed-10-houses-in-a-day-2014-4Pretty much every industry has been disrupted by technology, with the exception of residential real estate.Commercial retail was disrupted by eBay and driverless cars will continue that.

Check cashing and Chinese takeout only, might mean .....?

An article recently outlined that the Chinese investors in US real estate are now trying to sell their properties.

The hedge funds will have an impact, but no more than the Australians or the Chinese or the Canadians.

We have a lot of Chinese investors paying 50% down (because banks don't trust the credit) or even all cash, so even if there's an economic downturn, its not like those inventories are going to be auctioned off.And then the local people who purchased had much stricter underwriting guidelines than the last cycle, so unless there's massive more unemployment (where SoCal already has extremely HIGH unemployment), those homes won't be distressed either.