No Lender wants the name of Bait and Switch attached to them and social media reviews can really hurt.  

One bank required a social security number and signature from one of the parties to the dispute despite the fact that the funds do not necessarily belong a particular party until the dispute is settled.  

I did notice that there were large social gatherings on some weekends.

If it's an area you don't feel comfortable working in, socializing in or just being there period...why would you invest there?  

The best way to start fixer uppers is by social networking.

This Vice article has some great points on the implications of not owning your own home.http://www.vice.com/read/what-would-happen-to-the-economy-if-young-people-never-buy-homes

4) What are the implications of owning an international property?

The only thing I didn't see you mention was tax implications.

I lived in Germany for a while and appreciate the strong social safety net and lengthy vacation times. 

You can speak to your accountant to verify any tax implications are not negative, but if you have any other questions about forming the LLC, feel free to message me.