The down payment and rehab budget would come out of my home equity line of credit and I would get a new mortgage on the rest.My father will do all the rehab and manage the property, physically.

If it’s a bad operator or the property has physical deficiencies that’s one thing.

It's my understanding that an attorney or decent PM can have the tenant physically removed within 30 - 45 days in Texas.There are multiple points of failure:1.

You'll need to change the use from residential to hotel, which will require a lengthy process that includes physical upgrades and changes to the building.Basically the City wants the property to conform to safety standards for that particular commercial use.

If so, whenever the landlord has to use a physical address, how will the address be listed if tenant is on 1st floor and the basement isn't an apartment?

The CT Marshal now has to physically remove them from the building.

Your offer to assist will likely be best received if you can provide more specifics, like where you are physically located, the number of hours you'd be available to work, and what compensation (if any) you're looking to receive.Good luck!

Are you able to physically go in person to a US bank?

It is also my understanding that the beneficiary of a life estate does not physically own the property, but instead is granted the right of occupancy as long as needed. 

The management part of rentals and the physical repair work are different.To answer your question about repairs, personally, I grew up in a family who always did our own construction.