Lets get right to it.

Apt rents 40% below market How did you find this deal and how did you negotiate it?

Can you take it to the city to get it permitted?

Hey @Ruben VanDusen,I'll answer your questions in reverse as it makes more sense that way. - What systems/software do you recommend to use to determine the markets to invest/buy into?

@Jerome NunezYou will not be able to remove your name from the mortgage as if your name is on it the lender underwrote it based on you and will not let someone else assume it.

Hi Saju,Well it is an exciting market with lots of future developments happening, all aligned with the popular Dubai 2040 vision.As for how the market is for US investors, there is no local tax on capital gains, or tax on rental income.

It has a typical unfinished basement with a concrete floor and there shouldn't be any reason to go down there except to do your laundry. 

@Deborah Wodell: for me it really comes down to deal flow and returns.  

If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.

@Vito DiIennaWhile I have not had to get a Letter of No Objection myself, if I had to do it, I would go right the the DOB, go into the Office that you can get an official Cert of Occupancy and ask them what is the procedure to get the letter.Normally, you will need to provide evidence.