Once the work is complete, inspections from the DOB and DOT will finalize the process.

I am not quite sure what category I fit into since I’m not a completely foreign investor, but I also don’t have a W2 or current residency in the US.Curious if any Lenders here have advice on how to seek financing.

You’re going to want some kind of “official” to declare she is of sound mind to sign such a paper. 

Regular schedule updates should be completed to track the progress vs. the baseline agreed upon schedule.

If it does vest, then the 2nd isn't currently $8k and the paperwork could further help your case.Other option is to completely ignore the equity in your residence and look for creative financing on the property you want to purchase. 

In your case, it sounds like a similar story.. you identified a property with potential, tackled the structural work, and brought it back to life in a way that justifies a higher price.

I would like to know more about ways to use OPM  The only way to determine if the home is going to cost you a lot down the road is by determining the age of the mechanical systems & if the structure of the home is sound. 

Sounds like you'd be better off investing in a syndication.

You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.

Nathan, it sounds like you're seeing some of the same type of activity in the last week we have had down here too.