Admittedly, these deals are far easier to structure when you're here on the ground in a US market, but they are far from scarce.

@Cameron PriceAs to your question about entity structuring and establishing a Solo 401k, that is a good question that likely gets beyond what could easily be covered on a web forum.The 401k plan is established by an employer.  

Don't forget to factor in state tax.You need to get with a CPA so that you can structure the deal in such a way that you demonstrate investment intent.

That being said, there are setback laws that establish a minimum distance between a surface structure (aka a house) and development equipment (like an oil well).

Wow...this structure is heavily tilted in favor of the sponsor.  

Although I am not completely opposed to renovation I am looking for something a bit more turnkey which I can add value to through non structural improvements.

Offer Making- Properly structuring offers and submitting them Sales/Negotiations- The best deals are created through effective negotiationI hope this helps you Jay. 

As he said, I think you need to be careful how you structure this to make sure they are protected as much as possible.

Just wondering what certifications were needed after flipping a house such as electrical, structural, plumbing, etc. that must be met before you can sell the home?

If, for example, a good friend of yours owned a property, and he needed $13k to rehab it, you can absolutely lend him the money to rehab the property and structure the terms and repayment however you like (subject to local and federal law of course).