I can sell it at any time for a profit, so I'm hoping to let it run and pay for itself for a while before we make another decision on it.

If you have cash, you could pay off the underlying loan2.

Bad- if your income tax is lower over there you still have to pay up to the US rate.  

If not, who do you believe the natural buyer is and why do you believe they will pay retail when they can replicate what you accomplished with any number of available properties on the market at any given time?

The LLC is irrelevant unless you are paying cash or getting a DSCR loan.

Remember, in this model, you are planning on holding on to these properties as rentals so pay now in quality, or pay later in headaches and repair costs.

The most important rule is to have the cash flow of the new property be able to pay all its expenses, mortgage, AND the line of credit back.

Then he is going to hire subcontractors to do the job and you are going to pay them for that work as well.  

You have to put more money down and pay a higher interest rate and is limited to only 2% IPC.

Never pay an upfront fee.You didn’t mention your state but understand that with little exception, an NMLS registration is only required for consumer-purpose loans.