We went over some options for a conventional mortgage, however I was trying to to purchase a rehab and ideally sell it within the same year.

What would need to happen is your tax pro would need to assist with a 1065 partnership return for both of you (ideally) to ensure its being done right.

I know that it might not be ideal, but this is likely the scenario we are working with. 

The reverse may be a little less ideal. 

Renters:A-Class: Ideally 90% or more homeowners.B-Class: 50% homeowners and 50% renters.C-Class: Predominantly renters.Land Value:In A-Class areas, land should be worth rebuilding and upgrading.In B-Class areas, rebuild as-is if the property were destroyed.In C-Class areas, it might be better to sell the land if it’s not cost-effective to rebuild.Crime Rates:Use resources like Trulia.com to gauge crime levels.

Stacking rental houses every two years using the equity built up for the next downpayment each time--ideally with duplexes.Alternatively, they could look at a market like Lansing, MI where you can buy a duplex for around $140,000 where one side pays the expenses including the property manager and the other side is mostly profit.

Depending on the size of your portfolio, I suggest considering either "PROPERTYWARE" or "INNAGO":Propertyware is ideal for larger portfolios, offering customizable and automated reporting features.Innago has been very effective for me, enabling property marketing, conducting screenings, and managing rent and maintenance requests.

You need to ensure you don't get into a situation where the US is taxing your worldwide income, though in CA there are tax credits to avoid double tax its still not ideal

Of course you are looking at touring a new development, so ideally you can talk to the construction manager/superintendent with more construction related questions:Hurdles to progress?

Vegas SMF is almost always the exact opposite of that. 30+ year old buildings, in less desirable neighborhoods, with flat/flatter roofs and often with shoddy exterior siding. 3) The ideal SMF would be one of those brick mansions they build in the Midwest that look like new for 50+ years, in an area with better weather.