That just adds a level of complexity to everything.I think there is so much opportunity in the US, that why would you try to complicate everything x10, but investing in someplace like Spain. 

Being a part of the local REIAs in both towns can help you understand more of what is going on.  

I have experience in single family fix and flip, 1-4 family rentals, small apartments (10-30 unit), 100+ unit apartments, development, commercial retail, industrial and office.

Plus I recently got a brand new calculator, wanted to see what out of state investors though the most important aspects of deciding between to similar rates cap rates in 2 varied size apartment. 

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

Probably too late to form the more complex plans for 2021, so plan for 2022.Start an HSA plan.

The sheer complexity of this matter alone is enough to illustrate the problem, but this is just the tip of the iceberg.

Amenities also drive demand to a rental and its much easier to have something like a pool if you are in a complex.

They are 100% correct.The downside sometimes to forums is people have a superman complex and get the impression real estate is easy as they think everyone is doing it and just jump in without the knowledge or expertise.

@Tyler Speelman Your strategy to assist your sibling with a down payment while minimizing tax liability is creative but comes with complexities.