We have milder climate, excellent economic opportunities, and decent governance.

In case you haven’t read the previous responses or haven’t walked a mile in a landlord’s shoes. 90%+ of your problems are caused by your local/state government that you seem to be giving a free pass.

Issue is, in these "bad" deals the government comes after the lease option seller for predatory lending practices and the eviction / foreclosure process is a nightmare.

It gives instant credibility.

It blows my mind that you can actually start and operate a legitimate business in the US without telling the government (not the public) the name and address of the owner.

US military or civil service or other government renters are low risk, high collectibility, steady flow.  8.  

A government agency pays part of their rent. 2.

Ask for more government, and you’ll see what it’s like to be treated like a second class citizen. 

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.

Section 8 is has the benefit of guaranteed payments by the government.