In a lot of Europe, however, buying property that you don't live in is really just a place for very wealthy people to park money because you don't make the kind of returns that you can make in the US.

Very common for people to group together to meet all the requirements.If you PM me I can send you a list of resources (books, podcasts, white papers ect) that have been useful to me in learning about the apartment business.Cheers

A note servicer is kind of like a property management company for a rental.

It would concern me if they can't or won't given you any kind of information at all, but perhaps that's normal.My takeaway though is that people are much more unpredictable than repairs.  

@Tricia VitelaI appreciate the kind words Tricia.

Here are some common ones you can tweak based on your market and personal standards:1.

Kind of mind blowing. 

So my potential payday went from $9000 (3% commission) + $5000 (BTSA), to only $2000.I understand that Realtors might give parts of their commission to the buyer, buy is it commons to give away the BTSA as well?

Things that maybe people have been bitten by or better yet, almost bitten by but they managed to avoid... that kind of thing.And the last part of your statement is really what I was getting at, to paraphrase, what sort of situations have people seen that they weren't expecting to find that may have been a problem.Does that make it clearer?

I'm kind of confused about the non qualified and qualified periods.