Do you have a track record of purchasing and operating real estate on your own?

Board collected those funds and put them in Operating instead of Reserves.

Yes BofA is all over the country but if you go to your local branch it's pretty likely that loan officer and/or office wouldn't be licensed to operate in another state. 

Boiler room  operation ? 

And all those skills you going to have to learn and master in UK to get a property under control, operate it, market it, monetize, operate etc., ALL 100% translates to anything and everything you will do when back in US. 

Hi BiggerPockets community,I’m new to real estate investing and currently running a remote operation to help connect investors with distressed homeowners and foreclosed properties across various markets.

Most will have large scale marketing engines where they spend thousands or tens of thousands a month, and operate or license time in call centers.

Would that lower our tax liability from other income we receive or no because this is purely RE and not an operating business?

Partner up with money partners and you be the operator.

If you want the furniture, just negotiate that and put it in the contract.Could you lease it from them for those 3 months and operate under their permit till yours is available?