Depending on your goals you may want to consider purchasing another property here and building up on what you have already started.Some things to note...an $800,000 property and a $100,000 property roof replacement will cost approximately the same 10-15k range...in a market where historic appreciation (not just the 5-10 years) is little to none, spending 15% of a properties value to replace a roof which doesn't add any value takes away many years of future cashflow.

If your working capital is 50k - 75k range then you'll most likely to need look away from home. 

My D2I will be sufficient based on the book.

Also since the first purchase would be FHA (3.5%), I would still have money saved for the down payment on the next, probably in the range of around 50k, also could get a partner for the second, though since this will be my first two purchases, I'm leary about adding a partner already into the mix. 

We frequently have properties offered to us off market in the $250k-$750k range but finding decent lenders or investors is a slight challenge. 

Otherwise, prices in downtown Athens currently range between 2,400 and 3,600 euros a square meter.

Are the rents in the area where you want to buy sufficient enough to offset your costs of living on one side? 

I had no idea these guys were charging this kind of money to supposedly learn how to syndicate an apartment deal.I'm kind of the opposite - I dont want to use other's money and think if some of these bozos can do it I can - and if I get successful and someone wants to meet me for lunch I wont charge them $30k - we can go hunting or to the gun range or drive off road somewhere and I'm good.   

@Erin Spradlin - I agree, landlord insurance isn't sufficient, a security deposit and umbrella insurance is needed too.

Bids ranged from $912 (labor only) to $2,800 – well in excess of the $500 legal limit.