Most title companies have been making their "B" clients in the transaction bring their own $ to the table to close and not letting the "C" clients $ fund the deal to prevent any double close or simultaneous closings due to the HUD laws. 

You'll have to practice being a landlord and learn everything you can about that specific niche, but I think its a great niche to be apart of.

I had hoped to simply do a simultaneous closing like I’ve done in the past.

At some point they decide to break them up and sell off individual units..The result is a hodgepodge of different owners and management practices.  

Do you think this is practical deal?

From what I hear networking, practice and time are all it takes.

Some of my friends are general practice vets or own their emergency practice.

I'm also a licensed attorney in Indiana and have only practiced in real estate for the last 11 years (out of 30), during that time I've also been an investor, note buyer, etc etc.  

Few tips for you:Search 'Netherlands' for posts and members, and do join a Dutch REI club like Vastgoedbelang.For investing in the Netherlands start with a general book on real estate business practices such as "Praktijkaspecten vastgoed" ISDN 978-90-01-49400-1 (or check the extensive library of Amsterdam School of Real Estate, University Amsterdam).

Its common practice for many to purchase with FHA or VA (if eligible of course) terms, simply because they are more favorable in small or no down payment situations and gradually build enough equity to one day refinance out of the government backed loan into a conventional.