You are gambling in an arena with a hefty anti.

I do know that with this being my first rehab,it’s a gamble.

Most of them are breaking even or even losing a bit of cash.The reality is that the price per unit on a three flat, even on some of the outrageous priced ones in Wicker park UK village are still getting you units at 300k a piece.

Its a gamble but most things in homes are. 

Either  1) You have the money to be cashflow negative (including mortgage) for a hold and flip with appreciation (gamble) 2) If you had the skills, you could find fixer-uppers and flip or improve equity and hold (safer) 3) Or you could be new developments that are ready in 1-2 years and flip them which I have done quite successfully.

This is perhaps a larger gamble.  

I was curious about the market in the UK with the dollar gaining some strength (comparatively to history) but I really have no idea about taxes and other rules about investing and financing abroad, or how Brexit will come into play. 

Lexington is a great town, I am partial to UK, and has really grown over the years!! 

As someone who invests in the USA and UK, I might be able to provide some perspective.

It could appreciate but I consider that gambling.