In Kenya, while property returns can be lucrative if chosen wisely, the cost of mortgage interest rates exceeds 14%, making it nearly impossible to accumulate equity through traditional OPM.Considering this financial landscape, I am contemplating the use of an LLC to invest in the United States or Canada for my next properties.

You’ve chosen a great area!

I share my selection criteria with every applicant.I am happy to explain why I have chosen this process to applicants that ask but my process is not negotiable.

The better you know at least the basics of the law and taxation the better you can work with your chosen professional.  

When it comes to investing out of state or in a high-priced local market like Annapolis, there are several steps to consider.Continue your research on markets that match your investment goals, focusing on areas with job and population growth.Build a network of real estate professionals and fellow investors in your chosen market.Explore your financing options and get pre-approved to understand your budget.Consider hiring a property management company for out-of-state investments.Be thorough in your property assessments, neighborhood research, and understanding local laws.Decide on your investment strategy, whether it's fix and flips, long-term rentals, or a mix.Keep educating yourself about real estate investing through books, podcasts, and courses.Find a realtor who specializes in working with investors and understands your goals.Remember, investing is a journey, and you don't need to have all the answers right away.

It's important to conduct thorough research and potentially visit these areas to get a feel for the local real estate dynamics.Feel free to connect with local agents and mentors in your chosen market.

But I could have saved alot more on monthly payment if I had chosen to live in a bigger house at a different location. 

Chosen for it's isolation and altitude.

@Barry L Hohstadt maybe this association has a history of underfunded reserves and has chosen to line-item the charges so that members would be absolutely sure that a certain portion of their fees were going towards the reserve.

I guess the best thing for me to do is put on my big girl panties and understand this is the world I have now chosen to get into.