Have you guys thought about expanding beyond the US borders?

From ones I have seen, they border on predatory lending and have extremely high interest rates.

My mom just bought a lake house on Lake O Meadows right over the PA border from Apalachin so I had to check it out.

I think Toscano has been on the market for multiple years and it is unfortunate if they still have "new" homes for sale.San Luis is a great place to live, but you will be taking a sizable gamble if you are looking for future appreciation in the near term.  

@Andrew Brown,That's a financial decision you'll have to make for yourself.Depending on appreciation is speculation (read: gambling), not "investing".

The gamble with a rehab is that you will sell it for a certain price when you complete the work.

Perhaps the best place to live is on the WA-OR border, no income tax in WA, and no sales tax in OR!

If you don't have much equity and the house doesn't cash flow, you are then really banking on appreciation, and that's a gamble in my opinion.

Typically, high-risk trades that are almost akin to gambling fall under the umbrella of speculation, whereas lower-risk investments based on fundamentals and analysis fall into the category of investing.

This is a bit of a gamble though.