Any chance your friend wants to purchase the property so HER HUSBAND can stockpile weapons and train terrorists?
Sadly, my birthday is September 11th, so I am somewhat paranoid about the issue.
I believe there should be some system in place to verify the foreign purchasers' ID's and intent.
Freedom of commerce is good and great; however, that freedom goes too far if other people must pay for it with their lives.
What type of return on investment is your friend looking for?
Yes you can buy a property without a green card but make sure you understand all of the other components of the transaction and what goes into being a landlord before you plunk down a large amount of cash.