But to restate my point: MOST Americans have a BETTER CHANCE of getting a BETTER INVESTMENT just staying in the US. 

I've been working with a mortgage broker but haven't had the chance to talk with him about this as an option yet.

Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant? 

An easy flip at 7-10% return might be more lucrative than a larger project that takes longer and more chances for cost over runs. 

My experience is though, that any fed backed loan, automatically is offered a chance to do a loan mod. 

If the proposed loan is too risky because (1) chance of default is too high and or (2) cost of foreclosing too high or time it takes too long and we would otherwise decline the loan, we might offer to purchase the subject property for a price equal to the loan amount.  

You have a far better chance trying to sell to an individual than targeting hedge funds.

This might be my chance to actually do it since I’ll have the funds.

Typically the latter is the one I would rather invest with, as they are first acknowledge that they failed, and therefore have a chance to learn from it.

I think first step is to find legitimate comps that match and support your 130k valuation and dispute the report to give the appraiser a chance to fix the report.