I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is responsible for causing the damage with say a fire or unreported leak, etc. 

First if the country has appointed Apostilles then you will sign in front of a notary from the country you are in and then take that doc to the apostille at the local court house and have them verify and sign off on all documents and then you send that full package to US title company handling the transaction.If it is a country with no Apostilles(not all countries have them), then you will need to sign docs at Embassy which means needing an appointment in advance which can be tricky.

Also, make sure to do all paperwork, underwriting, especially the Federal docs if you plan to resell the Note (well, legally you have to do it anyway).Good luck

Quote from @Melissa Leak: Quote from @Trent Zimmer: Quote from @Caroline Gerardo: If you transfer the deed to LLC and the servicer or lender calls the loan due in full, the friend's credit is damaged by foreclosure for four years. 

I would definitely look into a lender that operates in the manner and with the docs he laid out.

Loan Docs: Escrow officers can draft simple loan docs.

if inherited can definitely do a refinance cashout construction loan with no waiting period based on the arv . no income no doc and welcomes first time investors . what are the numbers looking like ? 

Same concept just more doors :) can still do 25% down no income no doc going upto 100 units 

I can’t tell you the exact price per sf, but generally, I’d pay about 10-20k for just drywall, carpet, doors etc in an unfinished basement, if you have any minor  foundation issues/leak that’s probably another 5-10k adding a bathroom is probably in the 8-10k range maybe a little more if you have no drain stack in the basement, digging down can easily be 50-100k 

Review your docs to see exactly what the Lender's execution options are.