You bet.

If you don't you will lose a lot of money with evictions, lost payments, and vacancy.

OVer the past month we have seen hundreds of millions / around $1B in defaulted private money loans come across our desk.

@Shaylynn O'LearyI think I may have posted this in response to you in another thread a while back, but here goes again.If you pick a random "low cost" market like the ones you named, don't know anyone there, don't set up a network, buy random properties, and turn them over to people you've never met to manage, you will most likely lose money. 

@Richard Schubert If the house next door is a solid enough deal you could always raise the money from people in your network to tie it up.

Even during the financial crisis of 2008, Germany'sreal estate market remained relatively stable compared to other European countries.

You’d be more likely to get away without parking for tenants but even then, what kind of tenant are you going to attract?

Lenders want to see two years of stable income before they loan money to you.

More difficult after spending money on a rehab, but it might be worth an appointment with an attorney.  

Because of the additional income I am producing through the consulting business, I am afforded the opportunity to invest money in real estate.