While I've never invested personally in Detroit, my usual word of caution to investors in these "lower cost" markets is that while cashflow is great on a % basis, make sure to look at the actual quantity of cashflow. 

I personally don't like exclusive by agreements.

Secondly, that article, while highlighting a genuine problem that exists pretty much all across the world, makes a marginal group sound like it's a large organization.Regarding Spain first, the measure is so stupid that I doubt it's going to be adopted and implemented.

I personally would only reno to add additional living space and leave the rest as is.

I personally like radiators, especially steam because the heating system is simple!

They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .

Well if you go together it could split it and get basically nothing - spend $2-3k file a lawsuit and get a judgment you are first in line… Also in many instances you can slap that judgment on his personal residence as well and foreclose on that.

Easy to use yourself too HELOC works (there may be some places that do a HELOCs on rental properties)I personally have used a 401k Loan on a few occasions - You're essentially borrowing money from your 401k and paying yourself back (interest goes back into your 401k as opposed to a bank) and if you don't pay your 401k back the loan would simply become a withdraw (maybe some tax penalties, but you could probably finagle a workaround).

Meet in person.

Quote from @Jaycee Greene: Hey Jaycee, we currently lend on several loan types: Fix & Flip up to 90% LTP, BRRRR, New Construction, Bridge Loans, & Multi-Family.For myself personally, I'm looking in the Orlando, Philadelphia, and Southern NJ markets, 1-4 units.