As an example, I went to Italy a few months ago and while I was there I shot over to croatia and montenegro because I heard good things about potential ROI in their real estate markets.Most often they don't offer what I'm looking for on a risk adjusted return basis but every once in awhile I find a sensational opportunity and take advantage of it.  

@Alex HarshmanAbsolutely, it is by no means a fiction book and I re-read many chapters going through and highlight certain points.

So, if withholding distributions in order to protect your investor's capital is necessary, I would fully support that.Having the support of you partners is of utmost importance, which highlights the importance of effective communication, regardless of the chosen strategy regarding distribution adjustments.With those points established, I have continued to receive distributions and that has strengthened my confidence in my partners. 1) Buy for cash flow, 2) secure long-term, low leveraged debt, and 3) have adequate cash reserves are principles that guide the business.

All I will add is a personal story to highlight the cons that everyone is cautioning you about.My retired grandpa and his new wife owned a house in Sacramento, CA. 

Obviously an exaggeration ... to highlight my point.

A friend of mine who lives there has mentioned some of the points you highlighted about Des Monies.Thank you for forwarding the articles!  

My current method is making lists/to-do's on a legal pad (highlighting the most important and urgent tasks) and I've been using Evernote for my reference material for years.

I have also heard from others of these challenges you highlight.

Highlight the benefits and stick it in her head that it's best she sells that way.

I have been tracking the withdrawn and expired listings and have highlighted an acceleration with those data points.