I definitely understand the delays with permitting and otherwise (particularly in today's climate). 

I realise that you have California and Florida that matches Spain's climate, but the culture naturally is different here, and that's what makes it interesting.US citizens can of course invest here the same as any European.

We recently had a duplex with unexplainable mold (in Milwaukee - normally not that humid of a climate).

GTFO  Lot of biggerpocket advice doesn't make sense (always purchase home no matter the business climate, continue investing to GP syndication , always flip no matter what, buy one hundred rentals , always buy in ohio/arizona, leave california tomorrow , buy subto/wholesale ,etc ) .... but if some of us has to counter  and argue about it everyday, we would lose our energy.Lane doesn't scam anyone.

If the major systems - roof, HVAC, plumbing, electrical - were replaced or certified in good condition, you’re typically looking at:5–10 years of relatively low maintenance15–20 years before you may need to revisit major CapEx items (depending on usage, climate, and tenant care)That said, some renovated homes are 40+ years old, so it’s important to review the scope of work and ensure there’s documentation on what's been updated.Both strategies can be solid, especially in the Midwest and Southeast, where you can still find cash flow in Class B neighborhoods with long-term growth potential.

I'm no 20 year pro but I am aware of the economic climate around me.  

Teak is a tropical climate tree. 

I'm new here so may not have a full view but the overall climate seems to be-anything to make a deal-ridiculous financing, leverage the home you life in-who cares where it is located it will be easy to rent/manage from hours away-don't be gracious with your tenants and housekeepersMy guess is a tilt toward young and not financially stable which is awesome if remaining sensible. 

Like you said, owning a home should be a sign of stability, but in this climate, that assumption can be misleading.We absolutely need to normalize these discussions and educate people that equity is only part of the picture.

Choose Seasonal, Low-Maintenance PlantsOpt for plants that are well-suited to the current season and your local climate.