For American investors seeking to diversify their portfolios, real estate in Germany offers a high level of security, strong rental yields, and attractive capital appreciation potential.Key Factors Driving Investment in German Real Estate1.

In the same amount of work I could find an undervalued deal in my market through existing channels.

@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.

Links to 2 properties in Nashville and 1 in Memphis using the same approximations. 

I made some in depth STR marketing videos on youtube (I come from a hotel marketing background) before I joined BiggerPockets and people loved them.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

I hope things go better for you in the future. 

Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage. 

You are correct that there is a lot of variability in prices.  

Not much there yet but there’s a gigantic project in the workshttps://www.mesadelsolnm.com/media