My biggest concerns are: 1. heat is electric, and this is New England; 2. no laundry in any apartments, and it would be challenging to add hookups; 3. exterior needs new siding, and probably lots of unknowns; 4.

Although real estate laws go back to the feudal times in England and are fairly consistent there can be and are subtle and major differences from state to state.Do I need a college education to buy real estate without cash or credit?

I am a franchise owner, and started investing in real estate with my partner two years ego.We mainly did it because at the time, we where paying over a 200k in rents for our stores.We started with one building, that let to two, than 3 etc...today we have two commercial building holding two stores, with another 4000 square feet waiting to be rented in one of the buildingsWe are from Mass, so we started looking into rental units, and today we own 8 rental unitsAll in all we have over 40k in free cashflow that we keep investing, total portfolio is worth about 1.4 million, with equity of about 600k.We want to continue growing, but now we have used all of our capital and trying to work with banks to finance new existing properties.We look at purchasing a 2-3 decker (term in new England for a 2 or 3 family) we try to buy them for 25-35 per door, fix them and be into them for 50-60.

Such ratios may work in the Midwest, but they are unlikely to work in New England.

I’m a property newbie reading books about investing( mainly American ones) wondering how the concepts in them differ to ones used where I live (England).

On top of that Ontario, along with New Brunswick, Newfoundland, and PEI use Power of Sale, rather than judicial foreclosure and most such properties are sold via MLS.3) We are in NB, but have properties in New England and are actively searching in the U.S.

I am not sure about the legalities in England about land and real property.

When the CAD was par - or slightly above - with the USD a few years ago, we partnered with an investor in New England on two properties.  

@Jeremy England I'm with you on that. 

A little long but interesting: I own a part of a 14 unit that is RENT STABILIZED in Brooklyn NY with 7 Family members which has been in the family for decades.  The rents are very low and only 25%-50% of market rates ...