Buy the best not a cheap 'Chinese' one.

The response I got was (note I am the broker and the buyer on this property), you are getting a 40k commission on this property, the seller rejects your repair addendum.In all of my experience, having bought and sold about 20 fourplexes and 50 single family homes, I haven’t had seller straight reject a repair addendum and especially not one in this condition.One item of note is that the seller is either from China or is a Chinese-American.  

So, right after 2007 the bottom fell out and it was really bad for what felt like forever, but within a decade the market so thoroughly "healed" that it was well above the pre-collapse heights.In the words of some ancient Chinese proverb, or @Brandon Turner, "the best time to plant a tree is 30 years ago. 

Due to trade war, there is significant less Chinese investment in the US. 

Ray Dalio is one of the few guys I follow - he built the world's largest hedge fund Bridgewater and wrote one of my favorite books: Principles.This week he commented on the US-Chinese trade issues and the devaluation of the Yuan.

I keep hearing about Chinese investors and people all over the world looking for deals like this.

The other way is to partner with someone with the track record and when you do, raising capital is easier.Here's the post I wrote about how I raised capital from Chinese investors and my recent trip to China:https://www.biggerpockets.com/forums/432/topics/738518-how-to-raise-private-capital-experience-with-chinese-investors

I lost everything and I lost my money and learned on my dime, not on someone else's.Read this post I wrote about raising capital with Chinese investors:https://www.biggerpockets.com/forums/432/topics/738518-how-to-raise-private-capital-experience-with-chinese-investors

We see warping & some shape disfiguration up here with light gauge cheap Chinese vinyl siding especially if it butts up to metal facia or there is metal flashing under the vinyl.

Here is another example: https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html