Pros and Cons of foreigners buying US real estate

[Michael Wentzel]

I've spent a good portion of my adult life living and working in Africa, although I'm a US citizen. My family and I have been back in the US the last two years, but we're hoping to move back to Africa later this year. One of businesses I would like to pursue is helping facilitate investors from Africa and the Middle East purchasing Real Estate investments in the US.

For those of you who have done this yourself or facilitated others doing so, what are the three biggest pros for foreigners buying Real Estate in the US? Prices? Return? Safe economy?

Then, what are three biggest cons I'll need to address in the process? Taxes? Legal issues?

Mike