Generally, foreign investors will lean toward LPs because they don't need to hassle with the additional fees of LLCs.

My observation have been that smaller banks and foreign banks are more open to dropping prices.

Miami has allowed foreign ownership for some time.

Hi, I'm foreign to real estate investing and would like to know where to start.

As far as I see, aside from the obvious downfalls of potentially misjudging a foreign market, most issues can be solved with proper due dilligence (connections, research, etc) and the right property management in place... 

I'm assuming you are talking about condos that are not in areas that are not being inflated by foreign capital such as Brickell or Sunny Isles; these investors are geared more toward capital preservation so they're willing to pay much more for condos and will out price you on any property leaving the area with no deals.

Oh, and the seller was a foreign national who was very very difficult toward the broker (who had the listing and also represented me) and toward the title escrow company.

Foreign property can only be exchanged for other foreign property.

We currently don't have any other rental property and we are looking for advice regarding Foreign Accrual Property Income (FAPI). 

From what I've been told, you must have established credit and credit history here in the US or be a US citizen in a foreign country with US credit.However, I'm not a lender, lawyer, cpa, or broker.