Wave? 

If you think like those gurus or think like those gurus, then you can kick rocks pretty much.Also put aside some money for appraisals, because if you don't do anything correct with a multitude of professionals, you can get sued.Plus these gurus who promise to jv on deals will screw you over.These gurus are pathological liars that need someone to publicly expose them face to face! 

They tend to cash flow really well ;) @Nathan Gesner is correct, however.

Best to study these and do the correct due diligence beforehand so you are not disappointed in an investment.

There is correct, safe'ish ways to do things, than there is the "guru-told-me" golden-ticket EZ-peezy BS way's that will result in a lot of people with a lot of regret. 

@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.

If I understand what you're saying correctly, no, it doesn't have any balloon payments.

You are correct… if a person has 600k and they can afford to risk it going alone in a new country and that’s what they want to do with the money then why not go it alone.

Expenses at the property were were getting out of hand, and needed to be corrected.

They will not finance new construction correct?