Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

Do you check their employment?

But the fee thing is an outright bait and switch and I wouldn't pay it.   

Even better, get some self employment activity and sponsor a solo 401k then no UBIT on leveraged real estate!   

An S-Corp might help reduce self-employment taxes by allowing you to take a salary and receive dividends. 

Don't take the bait.

Hogs get slaughtered ).For every aggressive GP on pro-forma there is naive LP to take the bait.

For your first project it is nice to be able to see it, talk with all the people involved, know the area, know the schools, know the employers, know the neighborhood, meet your trades, etc. 

Chances are, a guy who can afford $5K in rent will eventually be employed again and want to deal with that judgment you obtained against him.

Since your primary address was the condo as of your last tax return, you could argue that you maintained a primary residence there, even while living abroad.In case if you don't complete the desired period, I guess you will be able to claim partial exclusion as from your question I understand that you left the residence due to employment purpose.