We aim to start with flipping houses to build capital for more significant future investments.Currently, we are exploring the option of finding a partner who is a resident of Australia and has funds to invest with us.The high cost of properties in Sydney is challenging ($2M), so we are considering exploring a more distant but cheaper market.Is it a reasonable strategy for first-time investors?

It will be cheaper and easier to pay them and avoid additional fees or interest.Disputing the charges is the best step. 

Option 2 entails exploring refinancing possibilities with other lenders offering BRRRR-friendly mortgages without such clauses, albeit with potential additional costs.

If it is a covered loss, the judgement would need to exceed the limits before anyone would want to go to the additional litigation to try to break through the trusts.  

In addition, the tax assessor site is usually managed at a county level, not the city.

So my question is would it be worth the additional investment?

While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.

If there are additional expenses they need to be taken into consideration such as if you are paying for water/sewer, gas or oil, trash, plowing or lawn care, HOA fees if there are any, CapEx, maintenance, vacancy, mortgage, taxes.

But would love any additional feedback!

I believe in the state of SC I will also owe something like 5% or so at year end (in addition to feds?)