That usually translates to higher costs.

Good luck...I am sure you can find a translator on craigslist or facebook for reasonable prices. 

But that does not always translate to a great area to invest in.I'm pretty sure that investing in MF in California is not going to have anywhere near the type of cap rate that investing in Texas would have. 

Which translates to thousands of dollars in savings.  

So have a backup plan if your first scenario doesn't work out.I would definitely try to meet face to face so that your can act quickly and don't loose anything in translation via email or text, which often happens.You've already taken that action to invest so I'm sure you're ready to tackle this as well.

This would also translate to less time with the money placed yielding close to 0% financial return, or whatever can be captured in the overnight treasury market. 

This translates to outrage and pressure on politicians.

Which translates to Yeah what Crosswind said!

. $37 per door HOA dues is a bargain, so it shouldn't have a deal altering effect on your bottom line numbers wise.. you just should be sure to see how rentals are written into the association docs. 

I respect your opinion, even if it is based on incomplete understanding, but you cross the line when certain facts are altered/fabricated.