Most of us don't think to "diversify" in other fields or arenas, much less in a foreign country! 

Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America  as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.

Unfortunately, while all the online places area great sources of information, you are much less likely to take action, or find someone to shadow, when online in a forum. 

Below is 5-year job growth, sourced from the Bureau of Labor Statistics:Next is 5-year median price growth, sourced from Zillow:And here is 5-year median rent growth, also sourced from Zillow:Detroit's job growth is still far below the national average. 

The only source for the information and services you need is a local investment team.Can you buy a good property without physically seeing it?

Given the expected appreciation, what is your expected total return if you hold it over the next 5 years.Can you cover the large negative cash flow, turnover costs and maintenance from other sources?

Having lived there a year it is a foreign country and many things are different and culture etc plus you have the native peoples that own huge amounts of real estate and They dont pay income tax and they get food and gas for way cheaper etc etc..

Hi Lenny,Probably I would wait until you have a steady income source to make it easier to get a mortgage.

Typically, since I'm well connected because of flipping, HVAC, roofers, lawn care, carpenters, kitchen & bath & plumbers and electrical all are good sources.

Once you have more trusted sources, like your realtor, PM, maybe even a good GC you can get referred from by these already trusted sources.