My landlord is selling the condo we are renting for 7 million baht. Our rent is 18,000b a month. Let's assume he is willing to take a catastrophic 2 million baht loss, I don't see how anyone can come ahead even with 5 million investment in this depreciating asset. Condo fees are 45b per square meter, so that's another 2000b a month expense for the landlord. not to mention twice a year Aircon cleaning and all the eventual repairs they have to deal with.
I will leave this amateur investing to HK, Taiwanese, Singaporean and Chinese landlords. They are masters at losing money.