But I did it pre inflation so the total cost was around $75K at the time. 

There is a difference between a repair cost and a total replacement cost. 

            # UNITS         Occupancy           Yearly Revenue (EUR)TOTAL MARKET               530                33%               994Single Bedroom                114                21%             5,120Studio                 7               31%              9,6761 BR               95               37%              7,5942BR             138              37%            10,7643 BR              97              36%            13,1224 BR              34              24%             18,2625 BR +              45              23%             21,225#These are just the average values, then the top rental properties by revenue (EUR) are:1st - 84.912 EUR: www.airbnb.com/rooms/10051002nd - 82.219 EUR: www.airbnb.com/rooms/152479023rd - 79.497 EUR: www.airbnb.com/rooms/13569807#I also have the data by category of property (studio, 1 BR, 2 BR, etc) in case someone is interested.Be well.

I think TN forgot these people are coined "Digital Nomads" for a reason, there nomadic as in readily relocate.

Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.

Everything in the article makes total sense...wealth building helps through appreciation and debt paydown over time.It makes sense that chicago suburbs with strong school districts perform the best. 

I fixed a leaky roof, revamped the kitchen that time forgot, and transformed the backyard jungle into something a human could actually walk through.

You might need an ozone machine or in real bad cases a total repaint.

As a result, the country's tourism potential is totally underexploited.

It's sad to see so many of these threads after looking through BP today, but it was totally expected based on the insanely low rates a couple of years ago and realizing how commercial lending works.It's a bummer, but there's no such thing as passive investing and there's no alternative to digging into a situation and understanding it for yourself.