The very last thing that I want is to live in that environment!!!

Tim Ryan, head of the Securities Industry and Financial Markets Association and a former bank regulator, said the sheer scale of the capital infusion banks are receiving is in itself a powerful incentive to put the funds to work in the economy.

Many times this seems to be because they're getting less static from regulators or are more liquid at the time of the loan request.Any guidance or commentary is appreciated.

You are taking on the risk of finishing the development, of fees, regulations, and permits, and of filling a completely empty 10 units... if you could buy performing assets, already finished and rented for $59k, why assume the risk without getting a cost break?

First you should research the rules, regulation and laws of a foreign citizen owning and running a rental property in Turkey.

Setting up a fund definitely costs a lot more money and goes along with more regulations from my understanding, I have not done it so cannot say as to the cost. 

Ill use "product of my environment" as an excuse, sure.

So, two pieces of good news in this: 1. vacancy will happen, and it's certainly more frustrating when it happens so fast, but it won't change the overall potential for the property, and 2. the tenant abandoned rather than stopped paying rent in an environment where we can't evict right now!

@Tj Hines or, there are a ton of non-accredited investors who want to invest but the regulations bar them from doing so ;)

Treat it like you would your own house if managing yourself yearly inspection :- furnace/boiler - clean out burners (do in Fall to make sure heat is on in winter)- clean dryer vents- caulk bathtubs- change out thermostat/CO2 detector batteries- clean out gutters in Fall- while on the roof looking at gutters, take a look at roof condition - fix early- vacuum and clean utility room near any furnaces and water heaters (keeps dirt/dust out of systems, can extend life)- rinse water heater screens (can fill with dust and won't stay lit)- drain water heaters yearly - prevents sediment buildup and will extend life- change furnace filters (more often than yearly)- if in cold environment, turn water supply to exterior off before winter- take a look under sinks to check for any slow leakThis shouldn't take much longer than an hour or so per unit per year unless you find something unexpected, and if you do find something then good job catching it early.