We are looking to eventually relocate to the States"--that's great, a lot of people want to invest remotely in a totally random market and never go to it.  

You should be able to fit them on there and secure with a zip tie or maybe tape.

Personally I would pass but if you go forward I would do a lot of research on the group you are renting to and get a very large security deposit to cover damage. 

@Todd Anderson totally agree on finding a mentor in the market to learn from.

LLC corp either one is fine.. either that or they are totally incompetent.. 

Creative financing options like seller financing or assuming a low-interest FHA loan can also help you secure better terms.

Would totally like to expand upon it.

Total Investment + Down payment of 69,000 + 20,000 of updates = $89,000.Hope this helps.  

All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.

@Bruce Yi, depending on your state's laws, request a higher security deposit to reduce/offset the risk.