Monthly operating costs vary between €150-250 based on the amount of work and the type of accountant office you would choose to work with (those focused on foreigners usually charge more).It is true that in general this is higher than in many other countries.It is the first time I have heard about the possibility of a virtual office from out of an LLC.

With the transfer tax - you're being charged 2% of the property value (not the loan amount)!

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Tenancies are subject to your removal so if there are squatters, good luck.People usually look to foreclosures because they think they are cheaper, but foreclosure buying is not for amateurs.

Richmond certainly would have some potential in pulling trades from, but coming from Lexington, you might face an added trip charge on top of the service provided.Over the past few years, rents have increased nationwide.

Other than your payment is NOT fixed, the "charge" for it all is NOT known or set...... 

.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.  

They perhaps can build cheaper than you can, finance cheaper, operate cheaper and to get it leased up, offer things like 1-2-3 months free rent. 

then theirs charges 1000s in extra fees. 

My company The Property Center (TPCrents.com) charges 10% only if you have one property.