Which area did you buy your first property in? 

Quote from @Brandon Vukelich:If you buy a vacation rental in Hawaii, then you're tied to that location.

If I was going to buy in that area I would go closer to U of L.

So depending on what your investment goals are and what type of properties (Class A through C/D) and where in the city you want to buy, that can directly impact the level of stability one can find within the market here. 

Do not buy into the NAR spiel of crap tools.

It's possible to buy property in Germany with as little as 5-10% down, making it an attractive option for service members and civilian government employees stationed there or planning to settle.

Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).  

So even if you had a buy out agreement negotiated up front and execute that buy out agreement, the bank would still require him to be guarantor unless something drastic changed on your side financially.The best scenario here would be to purchase and rehab the property using a hard money lender or bridge lender.  

I'll buy the fuel if you'll take me up!

We're at the point where we're going to buy an appartment in Dubai.