Project phases typically divide payments into an initial deposit and subsequent installments.Depending on the project scope, you can divide the payment into milestone payments.

@Jonathan Greene I'm not sure what you mean by "most will not cash flow as an out-of-country investor" as it might suggest that the cash-flow of a given property has something to do with the nationality or residence of the owner but, in any case, you're absolutely correct that, historically, the net rental yields of LTRs in US cash-flow markets like the Mid-West have been typically higher than in the average European market, although that wouldn't be the case for many other US markets like California or New York.

Will you explain how a typical extension would work, please?

How do you typically handle this?

Not sure what 3rd party they use, I typically use transunion smartmove. 

PM fees typically run 8-10% of monthly rent for a duplex plus often a leasing fee of 50-100% of one month's rent when placing new tenants.

Typically my analogy is something like: if you're in a happy relationship, you're not going to go looking and see if the grass is greener on the other side... so for you what is it you're really looking for?

typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt. 

Thanks  Section 8 is typically going to be on the higher end of market rents for any given area.

In my experience, I typically call seller-financing "mailbox money".