I am from North Carolina but manage my current rental arbitrage properties in Medellin, Colombia & Rio de Janeiro Brazil.Now, I am looking to start buying real estate - likely in the Raleigh/Durham area of North Carolina where I am from, but also open to new markets.I stretched myself very thin on my arbitrage business, so my cash is very low. 

The first is in Copacabana, Rio de Janeiro - a small 2 bedroom oceanfront condo. 

Tampa, Florida for 30 years along with a farm and rentals that I built in Rio de Janeiro, Brazil.

I live in Rio de Janeiro and for more than 30 years i follow the economic issues and growth.

I prefer de Janeiro. 

Fast forward to 2018.Background ContextAt the time I had bought a property in a favela in Brazil, I had never even been to BrazilI was visiting Rio de Janeiro for the annual Carnaval celebration in 2018 and bought on a whimI had no experience with properties in a Class C or D in the USA, and not abroadI knew very little about investing in Brazil and didn't begin to research until I arrivedWithin 2-weeks I had spent about $400 with a local attorney to expedite and acquire the necessary tax registration number (CPF) to buy propertyFavelas are appreciating faster than luxury property in Rio de Janeiro, rent is inflating relatively fast for all property types.

I had a similar experience with an apartment in Rio de Janeiro.  

Look at the Macau Floating Casino. https://www.tripadvisor.com/Attraction_Review-g664...When I was growing up in the San Francisco Bay Area the hippies started building house boats across the Golden Gate Bridge in Sausalito.http://www.sfgate.com/homeandgarden/article/Sausal...I have some small houses that I built in the State of Rio de Janeiro, Brazil and a small farm where I wanted to retire.

You can get a retirement visa on a 2,000USD$ pension but unless you live in a sleepy little town, work is hard to come by, it's difficult to earn a living if you follow the law (caixa 2) and Rio de Janeiro is far more expensive in cost-of-living than Albany.

I could save $10,000 on my 90 to 120 day tour at sea, With that I would buy another rental or build another simple house in Rio de Janeiro.