Most of all, I would pay lots and lots of taxes for prenatal care to reduce infant mortality to European levels in the USA and finally eliminate the racial implications in that American statistic as it stands today.I think you've nailed it on the head, Ihe.

I remember the best years ago when my father was teaching me all about rental real estate in Australia.It was not unusual to had several European generations living in a home & they often collected a substantial amount of urine to boost the soils deficient in N, K & P under the fruit trees we had on the properties.

While in my opinion 7'8" squared is HUGE check out some small bathrooms on IKEA or European  schematics.

People often refer to economically depressed areas as "war zones" well they have never seen the hellscape that surrounds most major military installations in this country. 

Make sure most major mechanical items are under 5 years old (same for roof)Make sure the property management company is good as this will be crucial to your long term success.Stick to middle class B areas.

It has a modern, European vibe to it.

Interesting to hear.I also have my properties on TripAdvisor and used to be on Booking.com, which seem to bring more Europeans.

But that would be true of most major MSAs.

However, I think the biggest factor is going to be TWO big players  #1 Institutional investor (hedge funds) who invested in billions of dollars in real estate  #2  Foreign investors (namely Chinese but Australian, Canadian, European too) who bought a ton of US real estate.   

Investment in Jacksonville commercial real estate came in 29 percent higher in 2017 than in 2016 with $2.57 billion in transactions, according to Colliers International of Northeast Florida.The year end investment report broke down the major sectors of commercial real estate by office, industrial, hotels, retail and multifamily.In Northeast Florida, as in most major markets across the country, the lion's share — 61 percent — of investment has landed in multifamily properties, with $1.56 billion of real estate transactions recorded in 2017.There was $315 million of warehouse/industrial properties change hands in Northeast Florida in 2017, representing 12 percent of the total.