Am I right to read this is a $240k property that will generate $8,000 in monthly revenue?

That will vary depending upon your experience level, the quality of the property, the cash flow of the property, and the lender's appetite for that type of loan.

Well we do have 4 years experience as landlords.

Like many others, I have had a negative experience Joint Venture investing with Scott Carson and his company Inverse Asset Fund LLC.

You wrote it, read it, and signed it.

Does anyone have any experience buying rentals in Spain as an American?

If you have little to no PM experience, then you're better off hiring a professional PMC.EVERYONE thinks it's easy to DIY property manage - until something goes wrong and you have no clue what to do!

Additionally, I offer my clients my experience as an investor as well as my network in order to help them accomplish their goals.

Without real estate experience, it is next to impossible to vet a good property manager and a poor one will be your largest expense.3.

If I was going to do that I would be more comfortable forming a partnership with someone local with experience.