I’m glad to hear you are happy with your returns and your decisions. 

PPSF quoting will not give you the true info you need to make an educated decision.

No decision yet, but it's looking good for the investor, as they were able to find about 20 other houses in the area that have been operated as STRs for years with no complaints.

Additionally, if he’s legally and financially tied to the property, it might limit his flexibility if he wants to make major life changes, like moving or starting his own investment ventures.Ultimately, the decision depends on how involved you want him to be in the financial side of the property and how much risk he’s willing to take. 

Investors should conduct in-depth research into local market conditions to make informed decisions.Conclusion: A Sound Investment Opportunity for American InvestorsThe German real estate market presents a unique and compelling investment opportunity for American investors.

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property. 

It's a big decision to self-manage.

A lot depends on an individuals motivation, dedication, learning capacity, decision making capacity, analytical ability, time available, support system, mental state, and yes, luck. 

Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.

I'll stop there, because 50 is a nice round number, but only a fraction of the number of questions/decisions you have to make before and during your construction.