As long as the lender can finance in the state that you want to buy in, then work with them.

you need to dodge capital gains and foreign buyer tax.. you should consult a tax expert..If I was in this situation I would just sell (not advice) and buy a cash flowing mobile home park in the midwest

He is one of the partner ,there are many others In this partnership,as in, they all pool the money to buy land and build large single family homes .

Are you buying turnkey properties or ones that are distressed and need rehabbed?

What are the chances they do?

Suck it up, buy a property.

Investors buying land to HOLD for either speculation or future development can just wait until the wholesaler’s contract with the seller expires and eliminate the wholesaler “markup”.  

The program is neither good nor bad, there's just different pros & cons compared to cash paying tenants.Have offered to schedule a call with you numerous times to try and assist you, but you seem to prefer posting & posting & posting - which will take so much longer:(What are the chances you'll actually invest someday, given how long it's taking you to do basic research?

There thinking goes something like this - I can buy this great property for $5 million cash flowing $600k per year (they neglect expenses).  

This is not a one size fits all answer, but bad debt is non-asset based or depreciating assets - , credit cards, medical, buying dumb stuff.Good debt is debt used to make or grow your portfolio.