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

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.

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

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

I've been at 100% occupancy for my small spaces for the past 5 years.My only feedback is that $2 per month per sq ft NNN seems really high to me, but each market is different. 

The walkthrough videos are very helpful. 

Mobile county is more than 1%. some counties in Ohio as high as 2%+.

Have the agent video everything, just in case tenant is there and causes a scene or refuses access.You will either get the work done or have a video supporting your eviction.

•How do you evaluate the long-term rental market for a historic, high-value property?

Hey Andre,If you are up for it, I would highly recommend buying a home that you can do renovations on to force equity!