We work for investors that are local, out-of-state and foreign.

My question is ; since I'm a foreign investor I have arranged to buy this property through an international property consultant based in UK.

Most states will expect you to register your "Foreign" (out of state) LLC.

@Houtan Moravej You will have a very hard time finding conventional or portfolio lending for 20-25% down for foreign nationals.

Foreign investors and those with deep pockets will park their equity in RE, knowing that there will be growth and thus it's a truly safe investment (unless you subscribe to the Apocalypse conspiricy) .

Also consider Hedge funds, foreign investors, local, and other Ca investors have been buying up properties here since 2010/2011.

I have over 10 years experience closing multifamily loans and mostly work with absentee/foreign borrowers so I know the lay of the land pretty well.

Lots of currency, debt, Trump stuff thrown in there that I don't fully understand at this point. 

I find it hard to fathom they would do all this for 10% of the net profit. and give the investor 90% of net profit.. can't really stay in business that way.Now when I looked at one of the 2 flats they said they paid 150k for before rehab.. depending on where that is.. ( IE south side) that property could be bought wholesale for under 50k.. and then sold to the Aussie for 100k profit.. this would be common .. and then the resale could be to another Aussie or foreigner who does not really know values is paying cash and just believes in what they are being told ... again all speculation on my part... but myself being in the flipping bizz now for a  few decades those types of margins are rock star and not shared with investors like this.. why would you.. you would simply get a HML or partner with a money partner like me and keep not give 90% away to the money partner..

There are wholesalers who specialize in working with foreign, out of state, and remote flippers and they want to work with you over and over again.