Fixing those things from a distance will be very difficult and very expensive, and in all likely hood you will need to book plane tickets and hotel stays to fix them.

Just like plane crashes, we hear about the problems but forget about all the ones with no problems.

And before she was savvy on short sales, she flew from Raleigh to Orlando to look at one house, told them she'd make a full price offer and the realtor (on the spot) told her the bank would never accept that price and wanted $10k more; when she agreed, the figure jumped to $15k more and she told the realtor to forget it (after buying a plane ticket, paying for a hotel, and renting a car).

You don't need a plane to get there.

If an investor insists on investing in this asset class, then as a turnkey operator, I would insist they get on a plane and come visit the area, so they can see with their own two eyes what they are getting into.

I liked the Milwaukee REIA meeting and am planing on joining that one, it was larger and very well organized.

I am planing to buy a one bedroom flat in Dubai with following specifications: (all numbers are in UAE Dirham (AED))Price: 500,000Down-payment: 125,000 (25%) + 37500 (dealer, bank, transfer fees)Flat Interest rate: 2.68Rent per month: 4000Saved rent per month after maintenance : 3420Cash flow per month after EMI: 1330Is it worth-full to buy this property?

The property you mentioned does not have good highway access, you can likely hear planes landing and taking off at the airport and it seems to be in the Mcluer South school district which is one bad year away from losing accreditation.

Also, you mention that the market is not doing well in the area, if it goes down just a bit you'll find yourself under water pretty quick.If you are planing in holding it it may not seem to be much of a big deal now but you never know how your plans will change in the future.

Set some meetingns get on a plane and get out here.