Specifically, Texas has some of the highest insurance and property taxes in the nation, but the appreciation makes up for those high costs in the long run.

As for the point before you're first-- yes most folks think it's institution driving up these prices.

.—(1) Whenever money is deposited or advanced by a tenant on a rental agreement as security for performance of the rental agreement or as advance rent for other than the next immediate rental period, the landlord or the landlord’s agent shall either:(a) Hold the total amount of such money in a separate non-interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants.

@Zach Howard there are a few loan types here in the states for foreign nationals, some that require personal income verification and others that do not.

Hard Money Loans are generally speaking institutional money so they make the rules and you either like it and take it, or move on to another lender.

@John Lasher I'm in Multifamily Wealth Nation and it's really solid.  

If you have any questions about Foreign National financing, feel free to connect.

Quote from @William Stewart: Hi BP nation I rent a property out by the room. 

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

You have highlighted the advantage that local investors such as yourself have over national buyers such as hedge funds who are the largest buyers of non-performing mortgages.