That could greatly increase your premiums or even get you dropped, so don't make that decision lightly! 

The good news is that the financial metrics you've read about are universal and not at all country specific.The bad news is that Germany may just not be a good cash-flow market, compared to the U.S.But then, few markets are.That's why you find so many Germans and Australians and Spaniards and others trying so hard to find great deals in the U.S.And, even in the States, there are plenty of sub-markets where properties routinely fail the so-called "1% rule."

The interest rate was 8%. 

We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)

Hi Anthony,It’s great to see your focus and dedication to learning about real estate investing, especially with such clear goals for your family and future.

Mortgage rates are dropping fairly fast so check out the numbers and have a good conversation up front with a Banker first.This can make or break your real estate portfolio just by having a game plan up front.

Most of the time it is in the cities interest to provide these lists even they they act like they don't want to do it.

This is great perspective, thanks so much for the detailed reply!

What if people are interested and qualify and never indicate that they even need to see the place in person before willing to sign a lease?

Any do’s and don’ts would be greatly appreciated.