@Jay Hinrichs exactly the risk is even more than traditional development and the profit is actually less with more operational headaches.

Reverse exchanges tend to be much more expensive than traditional 1031 exchange. 

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

Maybe they are offering financing because no traditional lender will lend on the building. 

CAn some one shed me some lights on how foreigner can invest in Duabi, which firms that I can go through, who are reliable and keep my investment safe and able to get some decent returns, and what are the tax consequences for earning potential from outside the country?

The Property Manager usually does light cleaning and repairs between tenants.Recommendations or another way to think about this? 

To deter the break-ins you need to have window coverings on all the windows, a light on and not advertise that the unit is vacant.

Focus on Investor RelationshipsMany wholesalers work exclusively with investors, bypassing the need to act as traditional agents.

Private Money Loan: Private lenders might be a flexible option, especially if traditional routes don’t work.

It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.