They need to be high traffic areas in "trendy" parts of the city, or the alternative is what this forum is discussing being near Cleveland Clinic where travel nurses can be a large part of your tenant base.

Purchase price: $171,000 Cash invested: $29,000 Small 600 square foot cabin tucked away just outside of the quaint city of Ellijay GA.

Many have never even stepped foot in the US.

Nothing is foolproof of course, but having another investor in your market make a suggestion at least gets us on the right foot. 

Though my last visit turned me off with the traffic and prices.

And the changes, such as regulation, city development, traffic flow, building views etc happen very quickly. 

Belize is super picky on financial transactions due to US drug traffic monetary controls.     3.   

Nonetheless if you can build a 7 plex for $700K (in my area, things are getting built for $200-300 a square foot), it definitely seems like a profitable endeavor. 

I've seen estimates of $200 to $400 per square foot for SoCal with $700 sq ft for something higher end and building up a hill and but possibly higher for San Francisco Bay Area (lhigher labor costs, etc.).  

$2,000 a month NNN lease with about 1,200 square foot.