When it comes to ling term rentals, I assume you'd want to maximize your income and rent to foreigners so there's no ned to be next to big resorts, which is where the tourists go.

Why do so many foreigners come to this country penniless and become filthy rich within a few years and people born here have the most-difficult time buying one little house?

One final thought, for whoever is interested in macro themes: The thing to watch for on a global basis is the state of the Chinese currency.

Maybe you could purchase their house using cigarettes as currency? 

I just got quoted 7.25% as a foreign national on 70% LTV refi.

Not to be politically incorrect or anything but did you think maybe this guy is trying to take advantage of a foreigner?

Not that an LLC is the most complex thing in the world to create, but to PROPERLY maintain that LLC add a bit more intricacy to an already foreign process. 

My tenants have included four teachers from foreign countries who shared an apartment, Doctors doing their Residencies at local hospitals, and single working professionals who are ok sharing the kitchen and bathroom.My minimum lease term is 1 month, but the majority of my tenants stay 2+ years.As Maurice stated, they are focused on their jobs, and don't care that the apartments do not have dishwashers, washer/dryers, marble countertops or the newest appliances.

Ironically a 3-4 year old, second hand truck would be about double ... forthcoming harmonization of vehicle sat standards are suppose to permit us (in Canada) to import newer foreign vehicles.We could have probably made due with a smaller VW Transporter or small Merc 200 class Sprinter, but we could not find one with a 3-way dump (which has turned out to be my favourite feature).We have already had offers to purchase the truck (for more than our costs) ... so, as soon as we find a newer one with *all* the features we want ....

We regularly deal with foreign nationals or US citizens who live abroad for the purposes of investing in rentable properties.