Second, I let the tenant know I know their criminal history and tell them to leave.

That puts you in the top 60% of Americans.

As a US citizen I have an SSN, file taxes every year on my foreign employment income, hold US-domiciled assets (stocks, IRA, 401k), and I have a ~15 year credit history with a decently high score.

This is the richest country in the history of the world and there are opportunities everywhere.

. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

Hello,My wife and I recently found a property that fits all of the things we are looking for, perfect location, price, rooms, etc. except for one problem: The previous owner was a smoker :( Does anyone have experience...

But Americans have pets they love and want our space.

Know this: the #1 reason why landlords fail - failure to manage to the lease (source:  American Apartment Owners' Assn). 

The country is great for lifestyle and I believe most American (and other foreigners) buy for lifestyle.

If you're interested, his hobbies include history of mankind, culture and classical prose of China and Japan.