Here is why:1) every month I'm paying down my debt using my cash flow and can pay extra towards my debt and still make more money vs waiting for future appreciation2) rents in my area have gone up for 80 years now3) my rental income is subsidized by HUD so your tenants over time will not pay consistently when they lose their Job, get disgruntled, have a bad day lol4) the rental income I get is 2x more per dollar invested therefore I more than compensate for higher appreciation but I have advantage of 1 to 3 aboveSummary my IRR is guaranteed you are gambling on both your tenant and local market.

Yes, I'm aware that 50k is not a huge investment by any means, but a ballpark figure to start with investing abroad.This initial investment will help me and my business partner establish a hands on 'feel' of offshore investment structure, taxation, financing and so on, alongside partnering with someone local.

s, it's a fairly upscale house and yes, in this national market, that is a considerable degree of "speculation" (read: gambling).Unless you know it's a hot up-scale area, I'd opt for something more mainstream which caters to a much larger potential market.

As well as if you buy anything via an FHA loan you need to live there for a year.So nothing all that special there with a HUD house.Generally though with the idea of buying a place, living in it while fixing it and then selling it for a profit you should keep a few things in mind.1) A year, or more, is a long time and the market can change so there is a gamble.  

As a last note, holding out for appreciation is akin to gambling, but I think you are right and was saying over a year ago that Augusta was undervalued.

If I ever run into private money I will do my best to make that work but private money seems very hard to find, but hard money on the other hand seems like a big gamble especially with my lack of experience investing.  

They gamble and use stamps to place and pay their bets to each other (among other things).

I would expect the respective governments to put limitations on offshore balance transfers which might halt less sophisticated investors from moving money out of native accounts and into the US. 

Although some newer companies do a great job, it will be more of a gamble to hire them than if you choose a company that has been around for a while and has a lot of satisfied customers.Last but not least is the affordability issue.

There is a good chance of appreciation in the next couple of years although of course we can't tell for sure so it's still an educated gamble.