The rights in the parcels that come with property covenants are typically absolute, and arguing constitutionality or burden to free trade, or void for impact on interstate commerce are all losing arguments. 

As far as cost, I would try to get 3 bids on each jobs (if you are new) maybe even 5 bids (seems excessive but you will learn a lot by talking to each trade).

It's a more expensive market than the Midwest and the short term cash flow is lower and that is the trade off for being a few hours away in a landlord friendly state.

Have a list of the appropriate trades and make some phone calls.  

heres whati got froma recent e-renter screen. propspective tenant got a notification that they failed and called me asking why as her credit score is apparently above 630Credit CheckYour applicant does not meet your minimum criteria at this time.6Total Trade Accounts$5,xxx.00Current Balance Reported on All Accounts2Total Negative Trade Accounts$1,xxx.00Past Due Reported on All Accounts0Negative Accounts in Collection$0.00Total Monthly Payments0Disregarded School/Medical LoansLatest Delinquent Payment (if reported)Top Risk Factors Affecting GradeSerious delinquency, and public record or collection filedTime since delinquency is too recent or unknownProportion of balances to credit limits on revolving accounts is too highNumber of accounts with delinquency

However, nice properties in those countries trade in US dollars and therefore there is no currency risk, adding to the facts that they are closer to home and bigger tourist destinations.

Starting with the day you close the deal and become the new owner you will see that you now have just created a passive income stream that gives you an extra $750.00 a month without you having to punch a clock or trade a certain amount of hours to earn the money.

Ive heard of trading boats cars and things like that for RE.

For me If I were to buy and hold forever I might consider putting more down and maybe even do a 15 yr only if I could swing it/the numbers at the end.

Personally I specialize in SFR houses in the city (less turnover and less affected by market swings) Call Monica my property manager if you are interested.