A friend of mine in San Antonio had a similar situation.. she inherited a vague commercial lease and learned that the rules differ big-tiime from residential.

I am not sure which is best for our situation or what to pitch.

I am a newbie in this realm and looking forward to learning all I can in this endeavor of becoming financially independent.

And you create a situation where you are totally dependent.For most people in the US OOS investing does not make sense, the economic delta is not large enough to justify the additnal cost and management burden. 

Belize is super picky on financial transactions due to US drug traffic monetary controls.     3.   

The example does actually reflect my situation but I tried to keep it as simple as possible. 

What is the situation like in Kansas City?

When this is applied to frontage lot situations your development costs are minimal because subdivision approval is NOT required.  

@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Due to my situation I made a mistake but renting my house when I moved out.