These are my personal takeaways:Real estate has been more passive for me.

What I personally do is link the working entities with my holding which is also based in Spain.

It is more expensive to buy in Chandler, but I have been moving East this entire time and every time I go a little bit more East I find the tenants are that much better and life is just easier. 

Little did I know it would take decades to ripen :)3. bought a foreclosure sale .. traded the house for the 3 acres the person who owned the house. 

My personal example is a one bedroom condo I’ve held my entire adult life - and this is in a top tier market - Dupont Circle neighborhood in Washington DC.

Personally, I'd cash-out refinance into a 30 or 15 year loan.

I like to talk to people when I get out of the car and I think I can get a feel for things better in person.

i'd pick a market close by, or that you have a personal connection to, or that you visit often.chasing cash flow by itself can lead to negative outcomes - for example, these investors bought in supposed "cash flow" markets:https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...hope this helps.

I personally hate them and think they are little more dust magnets but will add some if crucial. :) 

I 100% agree with the intent aspect and that is an important premise, but the fact is in this particular situation intent for it to be personal use has been confirmed (by way of a public post).