Answers by Steven Milkovich

You do not need to be a legal US citizen to purchase a home in the US-- however when you go to sell you will have to deal FIRPTA which can affect your proceeds and access to your proceeds when you sell.

It realy comes down to your comfort level and your ROI on the project. It really wise to have a good contractor and home inspector to help guide you through this process as you move towards purchasing or negotiating repair items. Pretty much everything is fixable for the right price and amount of sweat- so you really need to protect your ROI and understand what fixes will even get you an ROI- But short of a home falling off of a hill or a cliff--there are very few repairs that would scare an experienced home flipper.