US real estate investment

I was wondering, what do people in general feel about real estate investment properties in US. Especially if anyone has used services like this one

I observed the following:

• The building composes a large part of the price compared to the land. Depreciation tax deduction is possible even for individuals (not only corporations). It could be huge in the first 3 years (~50% of the building price)
• The net yield is not great (~3%)
• Can get a loan with some down-payment in Yen (~3% interest rate), with the option to only pay the interest portion monthly and do a lump-sum after 10-years.
• Very high fees (~10% of rent), don't know if that is normal.
• Price fluctuations and exchange rate risk.
• One stop service for building management and finding tenants etc.

I wonder if it makes sense investment wise, especially if you are in a high income tax bracket.

* Non UX tax payer, PR in Japan.