how much spend on the original investmentIf this were my deal I'd be using the numbers above to compare the Net Present Value of the original investment with a positive cash flow of $3286.69/month against the refinanced deal w/ $560087 in the bank plus -$984/month negative cash flow.

BRRRR method will lose you money compared to flipping. 

Compared to US persons, there are additional filing requirements on foreign-owned LLC since 2016, and the death tax starts above 60k instead of above 11m.I am definitely not a CPA, but I guess you need to know what the questions are to determine if a CPA is right for you.

Appreciate your thoughts on the market -- I was comparing the future market correction to the 2008/2009 market drop of 30-40%. 

Advantages: you can scale, the building qualifies for the loan, numbers work better, the building is treated as a business and valued by the NOI instead of being valued by the comparable in the area.Disadvantages/Things you need to be aware of:  If you have never done a commercial deal before usually a little harder to get financing so I would talk with a loan broker instead of going to individual banks. 

These loans are required to use "Sold Comparables" to evaluated the ARV on a property. 

For market value, you want to look at recent comparable sales.

--Monthly Payment: $1,189; Average Comparable rent in general area: $1,400-$1,800?

In the City of Austin, low inventory and sky-high demand pushed the median sales price to $550,562, which was up 32% compared to April 2020.

For MF the building is not valued by comparable it is valued by its NOI, like a business.