**Structure and Legal Framework**: We are unsure about the best way to structure this initiative.

Subscribe to keywords and forums on fliipping and rehabs.As an example, the question you posted above has such a comprehensive answer, that answering it could fill an entire book, as there is MUCH more to rehabbing and reselling than being an agent or a laborer:Finding the dealAnalyzing the dealStructuring the partnershipNegotiating the dealContracting for the dealFunding the dealDeciding on scope of work and finish levelManaging the contractorsBuying the materialsDoing the actual workStaging the propertySelling the propertySo as you see, you need a better framework before you can ask questions to which you will get helpful answers.

My intent is to understand the framework and details that an offering memorandum contains.

To answer this more generally, the concept of "Two and Twenty" is really the framework that ends up being adopted by most businesses, management teams, private equity, venture capital, etc. 

Also, this will set the framework for your mindset.  

My opinion is that Colombia is relatively safe investment compared to other Latin American countries for the following reasons:-property rights are strong-legal framework is solid-Colombia’s GDP was the highest in 3Q 2019 compared to all Latin American countries-FDI continues to increase on a Year to year basis-Minimum wage continues to inch upward.

@Steven DAmbraBroadly speaking, there are 2 approaches available - (1) withdraw the funds from retirement accounts, eat the penalty, pay taxes on all the earnings (which could be tax-free in a Roth), but have complete freedom to use the money any way you'd like or (2) keep the funds inside of tax advantaged accounts, no penalties, potential for tax-free earnings, but you'd have to work within the framework of retirement account rules.Option 2 presents many possibilities.

I was hanging on your every word, it then you moved to DM…I have a property I believe has solid potential to be quite profitable, but I need a framework for how to analyze the deal.Did you have a spreadsheet for that?

@Austin FauxIf the son is the executor of the estate, he will have the ability to deal with the property within the framework of the will (if the house is explicitly left to someone else, then title will be transferred to that individual).  

Most of their systems offer a framework to understand the business and typically some techniques which can be valuable.