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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/i-have-expressed-caution-to-my-relatives-we-30526247.aspx

Subject:  Re: Purchasing Real Estate Abroad Date:  2/5/2013  4:03 PM
Author:  foo1bar Number:  124670 of 127262

I have expressed caution to my relatives - we don't want to buy a money pit or a lemon just because it's nostalgic....

What would you do with the property? Rent it?
Is it a house, or just land?

If it's a house, and you'd rent it, do you really want to be a landlord for someone halfway across the globe?

If it's land, I think renting the land to the adjacent farmer is much less problematic.
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