I heard some horror stories on these low grade American investments where liens / loans existed on the properties and the new owners became liable and also where the state imposed statutory improvements be made to the properties!
Why go all the way to the US, when you can find just as cheap in Germany. We bought a cheap block of flats here and make a 20% yield. My contact in Germany has a repossession for just 27000 euros with an existing tenant and in very good nick.
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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year 
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