@David Rodriguez  MTR is about location for health travelers and you also have a healthy  population of snowbirds in Phoenix. 

There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.

the storage thing is pretty common, seen several grocery stores turned into that. 

I'm European, spent most of my life in Europe and have owned property in several European countries and I can tell you categorically that it doesn't not reflect the situation in most European markets and, by the way, Chris rightfully never suggested that it does.Of course, if Americans want to reap the benefits of investing in Europe, they'd ideally need to, as you suggest, get the right market knowledge, understand the local financing and housing laws and I'd add to this the legal system.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I'm an investor and also a Realtor here in Wichita, KS and work with several investors locally. 

Typically, we see it take several days except in PA because of the promothonotery or whatever its called for taxes in PA.  

For example:Second, under their "About us" link, click on "Management" and you'll see a "Meet the Team" page where there's the following photo/info for this James LaPushner fellow you mentioned (which says he was born in New Zealand):However, if you do a reverse Google image search on this photo, you'll find that it's posted on several other sites, including this one: https://planetaseminarov.ru/people/konstantin-baksht.htmlHere's a photo of him from this page:This page is written in Russian, but if you translate it, it says his name is Konstantin Baksht, he lives in Moscow Russia, and he is the owner and CEO of the international consulting company Baksht Consulting Group. 

The article mentioned several houses that got purchased at prices $40K or $50K above asking. 

Yes, you can put down 10% for a second home, HOWEVER the rate adjustments for a second home and investment property have been the same for several years now.