If you’ve never owned a rental before, I’d highly, highly, highly advise staring out much smaller than 13 million and 100 units, and frankly unless you have 13 million in cash no bank is going to lend someone with no experience 13 million dollars, I’d start with multi family in one of three places, a class Baltimore, canton, fells, Fed hill etc, Frederick or the eastern shore of Md all of those markets are somewhat affordable have good tenant mixes and a relatively safe, see how it goes, if you like it, than buy another 2-4 unit, than another maybe once you have 8-10 units if you still like it, still are making money than go for something bigger.

We are at likely record high price to rent ratios (like much of the country) without much upside on rent growth in the mid-term paired with steeply rising taxes, financing, and insurance costs.

Miami you can get land that you can go 12 stories on right now for approx 1.2 million in Wynwood and Wynwood Norte which is the two best zips and some of the highest capital injections in the country. 

I'd assume there are other markets around the country that the potential to do the same is there. 

Not always deal killer but you can tell when they are in another country. 

Some parts of the country it makes sense and some investors will have different uses or ways they are willing to pursue.An Investor has a lot to consider upfront and during their due diligence period buying real estate.

For most of the country it is the winter months Jan - Mar but in the warmer state it isn't as drastic. 

Here is a valuable bit of information for the forum about power of attorney in another country - If you are executing a power of attorney in a foreign country, it must comply with that country's laws regarding power of attorney.

.#1 we have relatively few duplexes in the whole North Texas area it seems, compared to other parts of the country. 

I am not surprised that China was the #1 country actually using this program and it is amazing that since 1990 this is the first year for all the visas to be used.