Unfortunately, based on my experience, I'd be surprised if this is a legitimate opportunity for investment... more likely it is a means by which Eric and his team gets rid of properties they no longer want.

I'd look closely at the Texas market as opposed to Detroit.

He told them imagine the best steak ever in front of you.  

I can’t imagine what kind of things the city ask for turning silo into a house haha

So, as you can imagine, I completely disagree with the opinion that investing in the US is better.

Btw, this kind of note-taking has been extremely helpful in other aspects of my life, and I imagine it will work quite well for real estate as well. 

Since you're so close to Loyola and not too far from Northwestern, I imagine you might have a pool of people who need temporary furnished housing while they study, do a medical rotation, or travel in the medical industry.

According to an annual report from the National Association of Realtors (NAR), 26% of buyers were able to buy without a mortgage (see graph below):Imagine buying your next house in cash.

I'd want to know any/all concerns you have.

Hi Reid, I'd love to connect on Pace's Gator course.