Until recently I had family in the area and still have friends there.As others have illustrated, there is a wealth of information here on BP.  

Brie - hope you don't mind me copying your post, but it illustrated a point I wanted to make so I was going to build on it!  

This short story is just saying to illustrate that it can be in ones best interest if you have someone complaining about mold to offer them an out if it seems like they're at all interested in that and would be satisfied with that result. 

If you illustrate you would need to sell for between 170 and 180 to give her 90, 65 or 75K would look a whole lot better.

I'm not an expert in either of these fields, but what I think is a good illustration of the differences is this:  mobile homes are built and sold as a mobile home (complete with certification of the home from the manufacturer and a date of manufacture).

3) Due to our lack of income in the states how important is cash reserves when applying for a loan, will they still loan out if they can see you have cash reserves but don't have the 2 year tax returns to illustrate US income. 4) Is there any other route you would recommend, taking into consideration our situation, when starting our real estate investing journey.Any help/suggestions would be greatly appreciated. 

3) Due to our lack of income in the states how important is cash reserves when applying for a loan, will they still loan out if they can see you have cash reserves but don't have the 2 year tax returns to illustrate US income. 4) Is there any other route you would recommend, taking into consideration our situation, when starting our real estate investing journey.Any help/suggestions would be greatly appreciated.

I just included enough relevant details illustrate a hypothetical situation for how to file unallowed/carryover depreciation on a home office. 

I also have a great real estate agent and broker, but their experience is with mostly home buyers.I wouldn't actually expect doubling - just making a point and taking extreme numbers to illustrate clearly.  

Lastly, let me leave you with a real world experience that happened to me and will illustrate the point of becoming single  minded in the pursuit of your goal.