My name is Hampus, I am 22 years old and live in Sweden (in a suburb around 30 min north of Gothenburg, if anyone here knows Swedish geographics). 

Hey there from Sweden!

@James Wise the market in sweden is to high i missed my chances for 10 years ago when the banks gave loan on everything etc . now its very strict plus the prices are very high and low returns. the only other place i'm looking in to is UK but it seems like the also are getting alot of rules. the issues with the us market as an foreigner is that the loans make you earn very small amount every month .

I have a friend gay lives in San Francisco, and I helped him get comfortable with our area, set him up with my property manager, who connected him with a contractor, and shortly thereafter he picked up and started cash flowing his first rental.

I live in Michigan and it's perfectly legal to deny a person because they are gay.

The name of the game is leverage.I'm planning on bringing investors from Sweden in a similar situation as yourself (although more experienced and likely a bit deeper in cash but $40k works) for my business.

We will sell a property in sweden that will give us around 50-60.000$, what could we do with this money to start of with? 

I think the place looks nice but I compared it with other recently settled rentals in Manayunk and it is priced on the high side for 4/1s . 185 Gay St, Philadelphia, PA 19127 is a 4/1 that went for $1650 a month with tenant paying all utilities.

I know of a location in Chicago that was opened, but then not properly zoned and the neighbors hated the place (primarily because it served the gay/lesbian population).

Since you're planning on flipping it, your end buyer is likely a single person or a couple, straight or gay, as they are the ones that are willing to move into the neighborhood.