I ran across one of his listings today.  

My ultimate goal in real estate is to own enough rentals that I can live off the income, travel the world and experience different cultures. 

Without knowing more details, here's the numbers I ran to get a rough estimate.20% down @30 year$2k closing cost1 point to lender$2k/year taxes$800/year insuranceVacancy 8%Repairs 8%Cap exp 10%Property management 10%Assuming I'm even close on the expenses, you would only cash flow $50/ door.

I ran the Kingston Marathon a couple of years ago so I've had a brief tour of your market on foot.

The cheapest duplex I ran into in Dallas is at least 100k

Yes, there are occasionally large judgments, but they are rarer than popular culture would have you believe. 

I've found that my experiences living elsewhere have helped me understand how different areas of the country work (prices, rents, culture, opportunities, etc). 

In addition, the quality of PM companies can be pretty bad (just as in any market), and the language & cultural barrier can be a real challenge in you managing them.

In the summer months especially, I think Barcelona can compete with any city for vibrancy, aliveness, culture, and quality of life.

I know I`m a newb here  and I haven`t gotten around to introducing myself but I ran into this a minute ago and thought others would be interested:http://www.cnbc.com/id/102667711