They seem to just think that a affordable house in an high rental neighborhood is a good investment property.

I'm considering:- Industrial - Apparently this is where the smart money is going in my market, but I don't know the first thing about making a good play here- Health care - Pretty much recession proof but it's hard to compete with the REITs for quality product- Office - Terrible in my market, might be good in others- Restaurants/bars - Cap rates almost as low as residential for quality local tenants, and much lower for NNNsWhere are you guys seeing high cap rates and good outlooks?

Now with our current situation of paying almost no rent even if it were not rented we could still afford the mortgage and be able top save a little just to have some money in case of a rainy day.

Hi @Luca Dal Molin , Im also in Dubai and I work on the other side of the radio, air traffic control.Ive been looking at the Dubai RE and I dont thin its a good idea to invest here right now, however IMO this is going to change in the next year or so,  due to oil price and possibly weakening of the USD which will make house prices more affordable for Russian, Pakistani and Indian investors. 

he told me that Washington is a private land(hard to buy) or something like that but it seems that my affordable price range of a house is 40k :( sounds to bad to begging with. so ill need my wife's credit score even that she do not work to improve that issue and also He needs her SSN(true?)

People almost always rent the best unit they can afford.  

You not having your job and the aforementioned health care loans I'm sure also had a part to play in getting you to this point.  

Having graduated from the UW less than 5 years ago, and with many friends who still attend, I can attest personally to the thousands who would like to live nearer to campus, but can't afford the rent that their own place (read 1 or 2 bedroom) would entail.

I just started the process of doing a total remodel/gutting on it and was wondering if anyone had suggestions on how I could go about getting financed for the amount to complete the project now vs doing it in small chunks as I can afford it. 

Really affordable properties and if you do your research you can find absolute gems there.