One disadvantage is in hot markets with properties in demand the foreign investor can't waffle and needs to act quickly or you will get beat out by locals who already know the market.

If the demand is high for that particular area, I would price it around 5% higher than the highest comp there in the last 90 days, assuming you have the same condition.

At the same time, during the construction period high interest demands are not in the best interest of the deal either.  

For instance, one of my tenants moved his girlfriend in, and since his lease states that only one person is to be occupying the apartment I can demand extra $$ to cover the increased utility usage...Kelly

@Bryan Dracka , I have never been interested in 1 bedroom houses (there may be nothing wrong with them they just don't fit my portfolio) and I don't know Lincoln Park but it should be fairly easy to determine if there is a demand for this type of housing.

They will demand higher level execution.

That may then alter demand and supply within the sector (total demand and inventory levels).

She must make a demand for payment before calling the entire balance due, if she does contact an attorney and turn the payment letters over to them.

It shows laziness and ignorance, like most under 35, you want it the easy way upon demand, least amount of effort possible.

Of course, this depends on whether there is demand for that, but there is demand in most reasonably sized cities.