I take it from your comment that your preference is to Ground lease?  

The house next door to this one is for sale also, so going to see how fast I can save up to buy it also.

Most of our newer investors approach 2-3 lenders to discuss loan options.Some lenders recommend making your financing inquiries within a 45-day time period to avoid larger drops in your credit scores.All the best!

I'm interested in understanding how the LP structure works for foreign investors.

Real estate is easy to get into, but hard to earn a living. 87% of all agents quit within two years because they don't make enough money.

Ask how many units they manage and how much experience they have.

Also have made it easy to see if you offered a certain amount, or changed your rehab budget, how that would affect your return. 

But if it's someone famous it makes it even a harder no because you clearly can afford it.

Passive income How did you find this deal and how did you negotiate it?