His reasoning is that this will more easily allow me to manage the property if he passes (he is 70) -- he doesn't want my mother to have to manage or deal with the place.

Deduct these expense from the deposit prior to returning.  

Does anyone have any ideas on what a fair return  would be when apporaching certain family members or associates for the purpose of investing some extra money they have in my 1st buy and hold real estate purchase.  

And 40% return on investment - given that investor puts in 1/4th of the asset price.

US accountant  to file my 1040NR  2015 tax return .Any suggestions?

Very costly but little to no return.

I have also heard when going to a local bank to get a portfolio loan you should have a business plan to show the lender and convince them that your investment will produce positive returns resulting in a low possibility of defaulting on the loan. 

When I took my tax returns to a CPA last year he filed them all as Capital Gains on a form 1040. 

I would have loved to pay less, but given our experience in the market, it has enough potential to hit the returns we want.  

Good return