Then you need to add in pain in the *** factor, which for an older expensive property while you live abroad is quite high.

Immediately after the weak jobs report, we saw unemployment applications come in way below projections.The economic pain people and businesses are facing in 2024 is real.

Which is to say any attempts beyond the method of communication in the profile are likely to end up convincing the landlord you and your friend would be a pain in the butt as tenants. 

Compare it to the number of visitors who were shot or disappeared in Mexico.

I did have one near downtown that I sold as that crowd was a pain, lots of parties and difficult guests.

This in itself is an understated benefit because its a real pain having to explain to a lender, prospective employer etc. why your name is in the docket. 

What are your biggest pain points?

Who's to say this company doesn't just file bankruptcy or the founder disappears with everyone's capital.

Make sure you research rental licensing requirement per municipality as they very greatly and make some cities a real pain to deal with. 

They seem to disappear and stop posting on the forums.I just haven't hardly seen any positive posts over the years on here saying they bought these type properties and years later have made a crap ton of money.I HAVE seen some of my friends that bought at the very bottom in 2009 and 2010 where properties went for 50,000 and put 10,000 in repairs for 60k total and they rent for 900 at the time.