I have also dealt with a small fund investing in residential real estate in US, China, France, Spain and the UK.

If making more money was all it took to solve financial problems then there wouldn't be any bankrupt lottery winners or football stars.

You don't have to go all the way to France to get positive cashflow if that is your quest.

I still love to play poker and wager on football, in moderation. 

(It so sad to see the Houston homes that are half or totally covered with flood waters).Basements in those that have the money to build it out seem to be a "play ground" for most people (think movie theaters, pool tables, Bar's, Football watching room, work out rooms, guest rooms, Kids play areas).

While many don't think having 5 military installations surrounding the city is a great tourism attraction, events like football games at the Air Force Academy and their graduation, as well as other holidays brings many out of town guests to be with near their military families year round. 

It is a long football field shape lot, with a small single family rental home on it.   

These produce really strong numbers through football season and can go as high as $800/night for some of the home games (Bama, Egg bowl..).

If there is an issue he needs assistnace with he usually gets some of the local linemen from our university football team.No, the don't break legs, they do nothing but talk to someone, but it is very effective.

Of course, this is exactly what people (including attorneys in those countries) said when the "regular" LLC was first introduced in Portugal (1917); Brazil (1919); Chile (1923); France (1925); Turkey (1926); Cuba (1929); Argentina (1932); Uruguay (1933); Mexico (1934); Belgium (1935); Switzerland (1936); Italy ( 1936); Peru (1936); Columbia (1937); Costa Rica (1942); Guatemala (1942); and Honduras (1950).In the last quarter of the nineteenth century, Pennsylvania, Virginia, New Jersey, Michigan and Ohio enacted legislation permitting "limited partnership associations" or "partnership associations" - and again the "boys who cried wolf" started on a predictable path.In 1977, Wyoming became the first American state to enact a true LLC act modeled after the 1892 German GmbH Code and the Panamanian LLC... and the "boys cried wolf" yet again.