Personally I dont see greece laws regarding real estate being very attractive. 

The reason why I asked what you were doing with the investors money and what their needs for repayment are is that it's important to understand what makes the deal attractive for your investor.

However, when I consider living there as a primary residence, the economics actually make it a much more attractive investment for me than a SF or even a smaller apt building. 

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You go into a million dollar neighborhood and homes just take longer to sell than in a $200k neighborhood.  

If they are making a half a million a year did you get proof of that? 

I have never heard of a book like this but there are millions of books out there.

You should go to this one, I'm sure you'll find a whole list attractive.  

I plan on using a FHA loan because of the attractive down payment option.

Henri I have done about 800 apartments in class C and make millions doing it here in chicago.