Florida: The Paradise of ExclusivityFlorida remains one of the most coveted destinations for investing in luxury properties, not only for its beaches but also for its favorable tax climate (no state income tax) and glamorous lifestyle.Miami: Miami is the epicenter of luxury in Florida, with its combination of tropical climate, white sand beaches, and a vibrant cultural scene.

They had extra challenges of language, culture, and education which they overcame. 

All of the above.Grind culture dude, run a tight budget & cast a wide net.

You do have to be aware of cultural differences and other challenges:- In other countries, workers ALWAYS take their birthdays off- You should inquire about & respect local holidays- Timezone differences of more than 2-4 hours, can lead to mysterious "sick" days.

I am new to the concept of real estate investing and eager to learn more and immerse myself in the community and culture.

IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.

Detroit in particular has been a haven for out of state money and there is a sub culture that has developed of "contractors" advertising to provide this type of service while at best underperforming and at worst completely stealing from you. 

Some of the main reasons I started this journey is so I can eventually take my family on trips to experience different cultures, help less fortunate people, and build generational wealth. 

Our ability to compete is much better than the cultures in Europe, Africa and South America. 

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.