I think there is a lot of foreign money where the owner want to keep their capital safe in comparison to their home countries, and they don't need financing, and not too worried about strong cashflow.

the same thing as I do when people tell me they don't like my }insert favorite foreign make vehicle rag here{ Toyota truck.....nothing.

If you are an accredited investor,  I would highly reccomend this option as a foreign investor in the US.

Also file my tax returns with my foreign income, but no W2. 

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Does anyone have any links to resources for analyzing foreign real estate markets?

Generally, out of State LLC's can own property in other States by registering as a foreign LLC in the State where the property is located. 

You have a lot of foreign buyers who fall in love with Disney and Orlando and purchase second homes here.  

This does not imply that the sweat equity is not present, it just implies it is not converted to currency at this time.Now for the OP's question...   

As a foreigner I am not sure what do to and what the best way is.