I would like you to look at the very bottom at Venezuela, this is not a country @mike lambert recommended today. 

Venezuela outlawed ownership of more than 2 properties.

Nobody wants to be the next Venezuela. 

Without you knowing it you have moved to Venezuela where social justice for the community trumps your property rights. 

Hola Venezuela!

Also my wife is from Venezuela, and we would like to be in an area with there are a lot of Venezuelans?

I've bought while working in Brazil, Venezuela, and (now) Italy.  

Russia,Venezuela,Brazil, etc are the majority of the buyers at the high end and I guess the worry with me is potential trump headaches for those guys and if their money goes away in the 3-4 years the building reno would take.From an investment standpoint what do you think a 15-20M total reno of the pool,lobby,grounds would do to a condo trading currently at $750/sq ft in an area where $1200-2000/sq ft is the norm

I arrived from Venezuela 8 months ago and since then I've dedicated myself to learn Real Estate.I am 22 years old and I'm an Industrial Engineer and currently an IoT (Internet of things) Engineering Student at Florida International University, 2 months ago I obtained my Real Estate License here in the state of Florida after working as an assistant for several months to gain experience and knowledge in the field, specifically in the Short-Sale/Foreclosure area.I've been building my credit since I arrived and filled my taxes, fortunately, I was able to qualify for a conventional loan for an amazing property here in Miami, I would love to hear about your opinion regarding this deal I've picked up to start off my Real Estate Investing Journey.The property is located in the fast-growing area of Wynwood-Allappatah and has a huge lot of 10,000 SqFt with a 3 Bedroom 2 Bathroom house in "ok" condition that needs an update but could easily rent for $1800-$2000.The property zoning is T4, which allows an 8 unit multifamily of 2 bedrooms and 1 bath each unit.I picked up the deal after a few months of negotiating and hard work for $115,000.Comps run in the range of $300,000 - $280,000 for updated properties with lot sizes of 5000 SqFt or less.I've received offers for $230,000 and $250,000 AS-IS, but I'm planning to update the property (Rehab cost $30,000).

See Venezuela as exhibit one.