More choices for consumers is usually good.

Joshua Lyon : Not clear from your statement whether you knew ahead of time that this was an international wire transfer.This FDIC page may be a good start on what your protections are and what to do now in that case:https://www.fdic.gov/consumers/consumer/news/cnsum13/sending-money-abroad.htmlIn any case, you should file a “complaint” with the FTC and request a cancellation of the transfer from the banking institution on your end (this will not get your money back, but it’s a step you need to take.)There was a lawsuit brought up by First American Title against a real estate agent who allegedly failed to secure his email account.

@David MoreheadBooks: Due Diligence Handbook (super important and often missed element of the underwriting process)The Real Estate Game: The Intelligent Guide To Decisionmaking And Investment (solid overview by an experienced operator)How to Create Lifetime Cash Flow Through Multifamily Properties (free, solid book)Articles:How to Avoid the Most Common Commercial Due Diligence MistakesDeal Screening Checklist for Passive Multifamily InvestorSpend time poking around the Internet + networking with local multifamily investors to understand how to underwrite and what assumptions to use. 

Real Estate can't consume my life (yet).

It's actually quite interesting that typically the folks with the most transactions under their belt are the folks that you as a consumer have the least contact with, and the least experienced folks are the ones you have the most contact with.

The minimum rent shall be increased by the annual percentage increase in the United States Bureau of Labor Statistics, Consumer Price Index for Urban Wage Earners and Clerical Workers, Midwest Region All Items, as of October 31 of each year times the prior years annual minimum rent.

This can be plaintiff or defendant in business disputes (partnership breakups), consumer DTPA claims, breach of contract, specific performance, probate (title issues), adverse possession/trespass to try title (quiet title actions for breaks in the chain of title), or suit for declaratory judgement (interpreting a contract or boundary).I am admitted to all TX state courts, and the Federal District Court for the Southern District of Texas. 

I have a pretty high income and relatively little debt (under 15K combined consumer and student loans) so my debt to income is quite good.

However, if the time aspect becomes too consuming, delegate it.

Also, how time consuming do you foresee this property being for you to manage?