I would benefit from the decreased cost of living (effectively paying reduced or ~hopefully~ no rent), but also would take a greater role in managing the property seeing as I'd be physically living there.

I guess you could collect an illegal commission if the sellers and their JV partner were willing to pay it. 

This is with my contractor contacts who I refer out a lot and work below what retail pays. 

Unfortunately we do not pay for (or manage) WiFi for this property so that is not an option.We don’t need to need to see a “live measurement” of the tank.

With about $15,000 you could put down 3.5% on a deal like mine but in my particular situation I know my seller won’t pay 100% of closing costs because it’s an off market deal and a good price already.

If one can't pay rent they are all on the hook as they are all on the same lease. 

Then you need to be able to manage that money, manage the project, pay distributions….If you don’t have any real estate experience or money I would say your chance of failure is 99%.

I am looking to cash out refi here soon to pay it off and use again to purchase my next rental property.

Pay attention to clauses related to payment schedules, handover dates, and penalties..By keeping these factors in mind and conducting thorough due diligence, investors can make informed decisions and mitigate risks when investing in off-plan properties in Dubai.

That being said, years ago I lived in a 15-unit and the checks were made out to our landlord’s family trust.