@Rebecca Cirisan - The ordinance was set up and  passed quickly just to put it on the books for the upcoming election.

You have already set yourself up for success by joining BiggerPockets!!

That's great that you are experienced in construction, just keep in mind that you will make way more money using that skill set in the evaluation and management of the rehab, than swinging the hammer yourself.Best of luck.

Those set of questions are great!

If it's upside down, it's a short sale, with it's own set of requirements.

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Hello Sean.I'm not sure how you plan on setting up your US investment structure, but this endeavour will not be easy at all, but it's doable.I am an investor, property manager and broker and as an investor with all of the expenses (overhead) it takes to invest in the US (Houston, Texas to be exact) from abroad, you have to really be particular on what you buy and hold. 

I want to set up an investors group that would invest in both areas.

This is something airline pilots and teachers will do: rent out a house where they can shove a bed in and overnight as cheap as possible.Ask her if she has a set schedule, or if she's looking for an "at need" deal- price from there.

Financial mistakes in real estate can really throw you a curve ball and set you back several years in your real estate investing career.