National banks typically do not offer products that suite your needs here. 2.

They'll typically leave behind mattresses, couches, broken furniture, rotten food, etc.

Third, the typical person renting a room is not a home buyer candidate. 

This approach allows you to have a legal presence in the country, which is often necessary for investing there if you don’t live in Spain.Having a virtual office in Spain through your LLC could help you access local tax benefits and deductions, such as expenses for mortgage interest, repairs, and insurance, which non-residents typically cannot claim.It’s worth consulting with a tax or legal advisor familiar with both the US and Spanish systems to ensure compliance and take full advantage of this option.

@Richard Benjamin WilhiteSince you inherited the land, I believe your cost basis is typically the land's fair market value at the time of inheritance. 

While they typically have considerable deferred maintenance, we're getting great terms.

@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Look into connecting with some local investors, they typically have meet-ups often and swap stories and different strategies.

A sophisticated investor will also typically ask for the entire claimed track record and then run it through the wringer.

I’m planning to relist the house around April when the market typically picks up.