This structure offers lower income and capital tax rates compared to other entity options.However, owning real estate under your name has disadvantages such as the imposition of the estate tax, the requirement to file individual income tax returns in the U.S., and the consequential lack of anonymity.

Work with your lender on going back to the appraiser, noting material defects with the report, and also pushing back on the comparables that they used.

These areas seem affordable compared to where I live in dfw.

It is unfair to yourself to be comparing your current situation to your father's existing RE holdings. 

Reno is considerably less expensive as an entry point compared to CA. 

Healthcare services such as doctor check-ups and dentistry cost 14% less here compared to the U.S. average.

Sponsor B may only offer 40% compared to the Sponsor A 65%, but the LP's in Sponsor B's syndication will fair better because far less capital is required.

Not many comp rentals in the area of this size to compare to but I'm expecting I can get around $3,500-3,800 in rent.The flip side of having to take a 7% rate on the new home with only a $100,000 down is weighing heavily on me.

You will get a better rate on a DSCR loan compared to an investment property HELOC.

What markets would you recommend or suggest and why and how does it compare to Houston market?