-I'm Spanish, been working here as an artist for a studio for years and considering going back home soon, either permanently or for a few years or splitting time between Canada and Spain, from where I could still work from home for the same Studio here.My initial plan was to use the 200k to buy a property in Spain that I could use when I'm there, and use a Property management company to rent it out to tourists (which seems pretty popular these days) when I'm here.I haven't completely axed that idea but the more I read on the topic, coupled with the CAD to EUR rates and the fact that if I decide to stay in Spain for a longer period of time there would be 0 cash flow, the more it sounds like a rather bad investment, for what I want anyway.So plan B, which is currently plan A, would be to buy some property here in Canada that I just rent out, regardless of where I am and either have my savvy best friend look over it/them (hope she won't read this before I ask her if it comes to it) or have a property management company do it.In a perfect world I would use the 200k to generate around 20k each year, which is all I would need to live comfortably in Spain if I wasn't able to work at all... which is the very worst case scenario I like to plan for.

So if higher quality homes, I guess using a realtor is the alternative)I will stick to the fundamental in investment, for instance, investing in stocks i prefer to evaluate the fundamental of companies instead of chasing the most popular or heated stocks for long term success.

The cheat sheet/repair guide alone is worth it's weight in gold (though you will need to find your local cost, but it at least gives you an idea on a range).  

Many potential tenants go to online sites that gather data from a variety of sites advertising residential rental property, so just getting your ad on Craigslist or on one of the other popular sites will usually lead to many other sites picking it up.

Notice the closing costs are 8.6% of the loan amount.That example should come with the disclosure from weight loss ads.  

This creates a problem with weight and is unsafe.- The electrical is nob and tube and needs to be completely redone.The inspector said the costs of these two items could be some between $15,000-$20,000.

It's seems that Chicago is a popular section 8 rental market.

The two most popular (free) forums on here are the New Member Introductions and the Starting Out forums.  

Most banks and appraisers are worthless when it comes to parks so put little to no weight in their opinion.

I am familiar with listsource as a popular place to find leads.... now I am trying to figure out finanacials.