During 2007-2011 the Euro was strong and it was convenient for Europeans to invest in the US.

Look at how much controversy surrounds just the study of European settlement of the U.S. and their conflict with Native Americans! 

But that $12k could also pay for a European trip for my Husband and I and I would have no problem spending it.  

Atlanta, like most major cities, has plenty of demand for rentals in this price range. 

<you can make applicants pay the $40 fee to apply; you just need their email addresses to send the link and the website provides a recommendation as to whether to approve them>Additionally, I am reminded of @Joshua Dorkin's advice that within an hour of most major metropolitan areas, opportunity can exist at a lower price point.

The European economy may not be robust right now, but will become better and more attractive to investors (lenders) than the U.S. in the near future.

Probably under 4% for a OO loan.3) The government policies make 30 year fixed rate loans a reality in this country where those are unheard of in European countries.

We are trying to engage the European market more to fill those voids.

Most major renter’s insurance carriers have policies that will have at least the basics covered, but definitely have your tenant get a few different quotes and do some cross-product analysis. 

In Austin we have the Austin Business Journal and you can find the same publication in most major metros.