Less you want to play russian roulette with an unknown amount of bullets.

Lost of foreigners {English, German, Russian] decided to buy properties in Krakow and in other major cities.

It looks like you can make a nice return on places near the russian river going the short term vacation rental route but having a hard time finding ones that would also cash flow as a long term rental. 

It's like saying your not going to get shot playing Russian roulette.

According to CNN the Russians probably own them all, or the Chinese, or Brett Kavanaugh :-).

Inherited tenants = russian roulette.

You're playing Russian Roulette, because even if this thing you've bought truly will appreciate, you will have to be able to hold onto it long enough to see the intended fruition.  **** happens, and I hope you don't get run over by a car while or laid off while waiting for this thong to appreciate...Now - if any debt that we have to pay for is bad debt, does this mean that any debt for which we do not pay is good...?

We are targeting investors in both the Russian and Chinese markets.

Interesting stuff, thanks for sharing.Ah yes, I was involved in competing for one of those apartments in Russian Hill.

If they've had a couple of price drops, then they're going to be more motivated to take your offer, including financing contingencies.In my case, the home was one of four almost identical craftsman style homes on the coast that were built by Russian developers.