With 30k - 35k US funds, and you are not a citizen so you'd have to work with the few lenders who will offer a rehab loan to a non US investor. 

I'm not a Canadian citizen, just a PR.

Ginaout of curiosity how would a US citizen be taxed on rental income generated in Italy ?    

Did you know that Illinois is one of only two states that denies its citizens their constitutionally granted right to carry a concealed handgun?

Lots of great responses from CA residents on this thread but is it fair to say that the outward migration on CA citizens is of overwhelmingly greater interest to folks who don’t live in CA and have nothing much to do with CA!

If someone is on VA disability or is a senior citizen on social security, and the cost of living keeps them from affording to rent without assistance, then they can get a voucher.

If you buy in a foreign land, you will be subject to their local laws, etc... some places to buy you must be a citizen, some dont offer financing to foreigners, etc... just be prepared and knowledgeable on what you are getting into. 

Americans Working Abroad and Income Declaration:- Additionally, I'm wondering about the scenario where an individual is an American citizen working abroad and did not fully declare all of their income or any income at all, how might this impact their eligibility for an FHA loan?

Looking back, I wish I had known about Fund and Grow (or others like it) who can allegedly get you the same type of funding without affecting your personal credit score, but that's for a different forum.We've been working with a loan officer from Citizens bank for our cash out refi so we can start working on the next deal and everything appeared to be in order, but he called us today and said there would be a problem getting approved for the mortgage since our LLC is listed as the owner on the title and not one of our personal names.

Americans Working Abroad and Income Declaration: - Additionally, I'm wondering about the scenario where an individual is an American citizen working abroad and did not fully declare all of their income or any income at all, how might this impact their eligibility for an FHA loan?