Appreciation1.Stable-or-better outlook for the economy (this one is complicated)2.Low $/sqr ft (<$50 is ideal)3.Low cost of living in the city4.Larger lot in a neighborhood with larger lots5.Diversified economy6.Non-Extreme climate7.Property doesn’t have any significant negatives (high road noise, power lines, hills, odor, etc.)8.Housing market trends must make sense9.Decent or better city to live in.10.A decent sized city or larger (maybe one of the biggest 75 MSA in the US.

I've been a bit worried about their growing economic power for years.

The power of going slow is something to think about.

As well as we are always into new projects, we are continuously working with Lacoste, US Polo, Swatch stores and some well known local brands and creating their new store projects whenever a new one is opening in an expanding market of retail.Apart from our existing company, we have created a new team for commercial real estate that will work on commission basis and meet the foreign investors and local sellers (site, existing real estate projects) in Turkey.We are currently representing an investor group in US that are interested in logistics, an emerging market in Turkey.

They are doing this using powers granted the FED during the Depression in the 1930s.Why didn't they do it last week before the pork filled bailout was crammed down our throats?

My unique encouragement would be  to not ignore the multi-generational power of real estate investing.  

If they both don’t have legal power of attorneys and their health deteriorates the management of the property could be in limbo. 

Thank you all for your responses; I'm amazed at grateful for the BP community- power in numbers! 

Always remember, in the free market capitalism of the USA, there is always a way around every rule, and in rare scenarios, knowledge is power! 

They understand the deadlines, the stress, the pocket listings, the power of having a 1031 exchange and what that means to sellers.