They are notoriously picky on inspections and can really increase vacancy time.One of the ways they know a new tenant moves in is due to a change in utilities name.

I have a house under contract for the last 4 months that was "approved for a short sale', but I still can't get the final approval from the bank.I don't think the seller can get the actual approval until the bank has approved a specific contract (I'm not a realtor so if I'm wrong please let me know).The bank has to approve the seller and the contract to the buyer,,I have done my inspection but haven't gotten an engineers report on the foundation until I get the final approval, then we will close....Everytime I purchase a short sale I say I'll never do it again, but honestly they can be the best deals.

The area these properties are in is a "historic district".

Since the process of equalization is to create 'fair' taxation based on the assets you could use it to reverse engineer the Fair Market Value they used.That said, certainly the time which the FMV is actually relevant to the market will matter.

It's great to have you jumping in!  I

Walter,I'm thinking you are referring toSearch engine optimizationWhich i have in place and continue to build.Thanks

The area I am in is close to Lakes Shafer and Freeman [Indiana Beach] and lake property always moves in any economy.My goals in RE is to flip and wholesale at least 6-10 units a month and take the knowledge with me to warmer climates in the winter and do the same thing.

Probably not as big of a risk, you can likely get away with just a few minor retrofits.My husband and I do structural engineering, and we live in a one story 1960s home ourselves in Orange County, and we did a few little retrofits to it ourselves. 

Personally, if I were in your situation (of course not fully understanding the financial situation you're in), I would try and establish a HELOC against the london property to invest in the US. 

So going in, I would know to avoid those things too!