Prior to this we did get the occasional person thinking it was too cold, but we only get that about three times a year now with 3 pool cabins.  

You need to compare your cost of living, and overall personal cashflow each money with your current situation vs. this potential new acquisition.

Or perhaps the seller can provide you some financing.My guess is that any US-based lender would be making more of a personal loan than anything because it would likely be hard for them to put a lien against a property outside the States.Perhaps there are private lenders in that country that would be willing to lend to you as they would be more familiar with securing loans against properties there.

I've been self managing for years and have got a solid process down for finding the right resident. let me know if you need any further help! 

The value add will include TI's and renting out the 50% of the square feet that is vacant.The hangup is that in a TIC structure we have learned that every person must bring money into the deal to achieve an equitable split.

Also, as I am in CA, it would be impractical to be "boots on the ground" for an extended length of time to visit properties and  attend numerous auctions in person.

Here's why:People who spend all day crunching are almost never viewing in person.

So now I have three rental units, plus I also rent out a spare room in my personal residence.

I am getting a RLI personal umbrella policy from an independent insurance broker.

thereby allowing these plumbing updates to pay for themselves).I've got the toilets and faucets all picked out (because I have personal experience with these and I know which ones are good) - but I'm not sure what to do about the shower heads...I know that shower heads are an item that can be the biggest money-saver (because these tend to consume more water than anything else).