It makes it difficult to find existing information w/o it.

Unfortunately, like walking through the forest in the dark, the world of international preconstruction real estate investing can be a difficult world to navigate just like any other real estate deals.

If you are planning on selling the property you should consider the return on investment of making an additional $99,000 ($3,000 x 33 units) investment in your property.In a traditional marketplace, you figure the value of the property like this.Property Value = NOI / Cap RateYou can also figure the increase in value the same wayProperty Value Increase = Increase in NOI / Cap RateI don't know what the average cap rate is in your area, so I'll just use 6% as an example.Your increase in NOI = $100 a month per unit * 33 units * 12 months = $39,600So the property value increase would be $39,000 / .06 (6% cap rate) = $660,000Likewise, a 4% cap rate would be a $990,000 push in value and 8% would be $495,000.Note: that's not a guarantee that you will sell it for that much more, it just means that if your property sells like others in your area have been selling, you should be able to get that much more.Back to your return on investment.

We both work fulltime and have a family, so travelling would be difficult in the searching out process.

Therefore, this is the most difficult section of the book to write because it will make or break whether or not you actually decide to move forward in this kind of investment.

"Whether you are selling Pampers, credit cards, or building homes, this market will become the economic engine of our country," according to Chiqui Cartagena, a leading U.S. expert on the Hispanic market.Realtors can capitalize on the red-hot potential of this market segment by working with residential mortgage lenders who understand the cultural nuances and economic differences that make home buying more difficult for Hispanics.

-has a positive cash flow-is rented at below market rent -has a cap rate greater than 10%-relatively good shape -Occupancy is above 90%-Price/unit is below $30,000...would you buy it if you had the funds/financing to do so?

And as a college student, it's very difficult to invest, because I don't have a full time job or a whole lot of savings.

The deal was incidently no money out of my pocket as I used the increased equity spread from financing the 14 individual units as investment condos versus buying the building as a single apartment based on cap rate.

My experience tells me that moving these properties and for that matter, valuing these properties is indeed quite difficult due to the lack of good comps as well as the much smaller pool of buyers.