Which is still not bad if you are going to be living their, You practically be living for free. 

Hey @Rafael LozaSeems like we're practically neighbors!

If you are a softie practice saying "NO".

However, real estate overseas is actually very different from the US, with maybe the exception of Canada (which still has significant differences).Among other things, the legal and banking systems are oftentimes very different, as is the local investing culture (or lack thereof).As mentioned by @Joe Splitrock, there is an international forum here but there’s a lot of wrong information there, which I’ve been trying to correct whenever I encounter it.After almost 500 replies to posts related to international investing, many members have contacted me to either compliment me on the quality of my content and to ask me for further help.

Most of our owners think they are saving money finding a 8 or 9% rate instead of ten but practically nobody talks about the entire fee structure. 

From what I understand, screening both the student renter and cosigner is the best practice. 

However in more recent years practically all of them have converted to REITs have lost this very valuable tax characterization.So basically you have to find either (1) something that is going to purchase property and try to sell in a year.

@David Perez  good in theory not so good in practice.. both from a seller's side and buyers side.

That is a point of negotiation as the interest to both parties can be different, but a seller who demands that no discount is applied is predatory dealing, no intelligent person lends money without interest or other benefit and asking to do so just isn't accepted practice.

So this is the story. Purchased a house where the tenant was being evicted. It was in fairly good condition as it had been rehabbed a few years ago so aside from the damage by the tenant it looked pretty good. I close...