The presence of your book of clients offsets the lack of understanding in the asset class and if your book is good enough, many firms will not care, they can pick up the slack around you as you learn.

That said, this is somewhat new territory for me, but being that Guttenberg is relatively stable, finding tenants won't be so much of an issue and we can make some money. 

What about the turnkey provider selling a home in "A" class areas in nice middle class suburbs with solid schools or "B" class areas that people like to live with more home owners then renters and still large presence of owner occupied sales.Couple of questions though about your article.  

This is straying out of BiggerPockets territory. 

The market is frothy no doubt, but we are no where near bubble territory.

My wife is also Japanese and if you are looking to find cheaper markets with a Japanese presence, they do exist.

Regardless though, having some 'feet on the ground' or local presence of some sort is often crucial -- especially when it comes to physically inspecting the property to get a firm grip of the exact repair cost and if a rehab deal, managing the rehab process and those involved.

@Sam Martin works for a B2B Commercial Lender with a large presence in Georgia.

(Shotgun will work just fine but may alert other prey to your presence.)3.

Just the presence of others tending to improve accountability.I wouldn't put pressure on a good worker by sending in a bean counter to reel in expenses.