I know Overland Park is prime area so the appreciation is high but there is little to no cashflow.

Most foreign buyers are high net worth individuals who want to park their money there in a safe haven and they don't need BP.No restrictions apply to American buyers in the countries they'd generally want to buy, including those mentioned by Federico and many other popular countries.When it comes to Spain specifically, some more conservative banks will ask you for a 40% downpayment (that would be the maximum) but that isn't the rule.

This is located in a tourist lake/ski town with extremely high demand for lodging.  

Here are some of my takeaways from your budget:Operating Costs: Your STR management fee of 20% is high.

The Norada Capital promissory notes do offer a high rate of return (interest), but I would not classify them as "high risk" because of the higher interest rates.To correct your comment, they ARE backed by hard assets and collateral.

Hi fellow investors,
I have several owner-financed mortgages in my portfolio with interest rates of 10% and higher. I’m exploring the option of selling these notes and would love to get your insights on a couple of k...

'Flipping is considered erratic and high risk but if your research tells you most win, then it's a no brainer for you.

What I found useful was that they seemed to have a high number of investors that were happy. 

@Shaylynn O'Learyi understand the frustration of living in a high cost market and looking at the appealing price points in those other markets. 

If they want to severely overpay, cool, but as others have said, the risk of default in this case is probably high 98th percentile.