When I told him he would be responsible for a fee to break his lease plus forfeit his security deposit, he is reconsidering, still haven't heard a definite answer.  

Is there any reason for me to reconsider stepping away from this?

Some may call it lazy, I call it practical…You’ve made me reconsider the 18”.

If he's really bad I would reconsider buying there. 

If not, I would reconsider. 

I think you're on the right path, but reconsider your caps, just as you mentioned.

However, if the lease was over 1 year I would strongly reconsider.

As a new investor I strongly recommend that you reconsider that idea.

I guess I am just intimidated by the potential for much more maintenance...Also I'm not sure if FHA mortgages allow for anything more than a duplex...but definitely something to reconsider

I don't know if it is the best choice, but it is the rationnal.One problem is the large variation of the $ to Euro exchange rate, but there is a diversification advantage and this effect should be less important on the long termDue to the cost of having one LCC per house, I think I will stay as it is for now and may reconsider the situation later on if I pursue my investments.This leads me to another question.