2) I am trying to minimize expenses and explore the possibility of securing a construction loan.

The site and TownPlace Suites by Marriott flag have already been secured.

SinceI possess a social security number, and I am wondering if it is possible to open a new account remotely and online. 

Depending on the state of those facilities it could make sense to secure a renter before renovating so that you build the area out for the long term renter. 

A HELOC is secured against (in this case) the primary and can be utilized for either a proportion of the down payment or (if you have enough equity) the entire purchase price. 

Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.

Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.  

He was unable to secure the investors. 

It can also file lawsuits, be sued separately from the parent LLC, enter into contracts, hold title and secure interest in assets.

Schedule a time to visit the rental and do a walk-through to ensure it is safe (no running water, temp adjusted, trash hauled out, etc.) and secure.