In this particular property the GFCIs were on the circuit breakers which is acceptable by code.

Also, it depends how good of a deal you get and how good an operator (or the one you work with) are.Assuming you buy the "right" property in the "right" place overseas, you'd typically have a higher unlevered ROI overseas because a) a like-kind property would be cheaper and b) the (high) season could be longer and therefore the revenue higher.The US used to have the advantage of the financing (availability + interest rate).

I just want to give a huge thank you to @Colleen Goldstein for helping us buy our first rental property!

Jessica-Where is the property located?

We are actively investing in the Champaign market, selling an inheritance property in Central Florida and trying to figure out what to do with our long term lease in Phoenix, AZ that is currently costing us a few $100 vs. cash flowing :) Excited to meet others, would love to know of any in person meet ups in southern/central Illinois. happy to be here!

With strategic upgrades, we modernized the property, improving its value significantly.

Remember you don't have to own a property to control it.

You don't need property management for one property.

I had 2 rental properties in Chicago.

Congrats with your first rental property you’ve come to the right place to learn everything you need to know about real estate from him very smart people.