I am meeting with the owner to understand his situation, but I want to make sure that I have a basic understanding walking in what I am in for.

Couldn't dig up too much on them outside a basic website and their FB page.

Life there is just a little cheaper than most countries, and in the future im planning to move there and live my life to the fullest.but im little scared to start out, im hoping to find a good landlord soon so he can manage the properties when i buy one, becouse till im goin to live there its around 1200km drive..so im basically hoping you guys could give me some advise on how to sucsessfully invest in a foreign country, buy frome RE bureaus, contract, etc etc etc...  

Basically, that's another $50/month increase in rent, totaling $100/month increase in rent after 6 months from the rental price when I bought the place.This will bring the rents up to market value.

If you learn the basics then you will never want to use your own money/credit. 

That being said I wanted to know if anyone could offer some direction other than the basic, buy low, negotiate a deed in lieu or foreclose and roll the dice at the Sheriff's Sale.

Bryan, so basically as long as the lender is aware of what I'm doing and they are paid, they shouldn't have a problem?

To achieve a fully conditioned crawlspace is just a tad more complex but is easily doable by anyone who studies- it's basically deleting any ventilation ingress/egress from the crawlspace, adding insulation to the walls, deleting insulation from the joists, installing a vapor barrier on the ground & walls, and installing a tiny air exchanger that will force air periodically from the conditioned main house into the crawl.   

So you got a very basic insurance policy that only covers 'fire and vandalism'.

We have done the basics: trusted lawyer, interviewed contractors, estimated materials and started looking for the "one", reviewed comps and areas close for us to manage.