High real estate taxes and older homes requiring a lot of repair and maintenance. 

We ended up buying in the Campton area.

Build a portfolio of cash flow producing single-family homes in a high-cost market with high barriers to entry. 

You can get a better return on that dollar by updating the roof.To paraphrase Morgen Housel; at the end of the day it really needs to pass the sleep test.

It honestly is the only way we can still acquire property in this high interest rate environment.

Spain is in very bad shape economically right now with extremely high youth employment and occasional riots.

Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

I also learned of landlords (at least in one case) that are getting HARMED by high volumes of text spams and calls from investors.  

Start a little high as you can always lower your asking rent if no inquiries.Be sure to have a solid screening process & lease!

The key is to target the higher end of the low end.