Happy to meet up with anyone in Melbourne to discuss my experiences over the last 5 years.

If you go to the United States it is easy to open an account. The reason you cannot do it remotely is due to the patriot act. The Us government are concerned about terrorist opening accounts groups. HSBC will do it because you can go into a local branch. I opened an Chase account on the ground in Texas without any set up cost. The only rule is you have under $1500 it costs $6 per month.

The market in Vegas is crap. The property market has fallen by around 47% since 2006 it has high unemployment of around 16% and high vacancy. According to many reports look at Forbes for one list Vegas as the market least likely to recover from the GFC from a property point of view. Otherwise enjoy your trip but do not waste your money.

Orlando is a market that has fallen in value by nearly 50% since 2006
I am sitting here in Texas, a property market that has not fallen at all.

You have picked some of the worst cities to deal in America. But as my business partner tells me it does not happy how good the market is if you are dealing with a fool. I cannot understand why people keep throwing there hard earned money away. It does not take a lot of research to know that these are bad markets.

If you check out our site and register there

http://www.cashflowcapital.com.au

http://www.cashflowcapital.com,.au

There is different types of student accommodation. If you are renting a house room by room thats great. However if you are buying a 20 square meter or smaller box it is not good. Think about this what is your resale on a tiny room. Clearly only to investors hence your poor resale.
The other problem is with interest rates now over 7% your returns are not that great either.

If you want cash Flow in Australia with growth you really only have mining towns in Australia. Projected growth and returns are great. The only other area is the United States. We dealing with all types of property. However personally I would never recommend student accommodation unless you were buying a house and renting it room by room.
http://www.cashflowcapital.com.au

There are so many groups now promoting the United States most fall into two areas, firstly those just selling property often in slum areas and secondly those people who do not really know what they are talking about.
Be careful of people just dealing with agents in the US. Levels of service are poor. If you want to do this for yourself be prepared to spend months on the ground to gain the knowledge. I lived in Texas for the better part of 12 months. I struggled to find good people to work with. I know have a business partner on the ground and can provide all the back up services.