What a beautiful country!

I think they are making a risky bet w this property, buying at a 5 cap rate, loan is fixed at 5.7% and 2 new properties about to open very nearby and who knows how many in construction phaseVillas at Sundance | Investment Opportunity (vikingcapllc.com)You are very lucky to live in Austin, fastest growing big city in country, and a micro-cosm of the global economy, this too gives you an educational edge

And Cleveland is one of the best cash flow rental areas in the country, so you have everything you need right in your backyard. 

We plan to start in NYC and then create a network across the country, so we'd have local market experts. 

You ever meet someone at the cigar shop or country club, clearly very successful and they told you, "I'm just so thankful I learned about Big Larry's Foolproof Apartment Syndications? 

We negotiated it down due to current condition and the fact that the owner was out of the country and needed a quick sell.

The latter eh that's when you see folks get ruined.Overall best to let the village handle it, like they did with the Indiana guy if that's who we are talking about.Folks are coming upon hard times, and I'm seeing more scams than ever and even when I'm out of the country the creativity is remarkable.

The N/E (NJ,NY CT & Mass) have stringent building codes compared to other areas of the country, that might have something to do with the differences of our opinions.

Here's what I created in an attempt to get either a lower price or better payment terms with seller financing.Background:  This is an international property in a Country that it's fairly common to ask for payments.  

I know that most countries don't.