I've seen limits of 2 people per bedroom, so I imagine I could limit it to one person per bedroom?

The attorney fees alone for these type of deals are starting at $10,000 per person and every international investor has to invest a minimum of $500,000. 

I have a feeling that person is not going to leave.

Still looking for personal references based on 1st hand experiences, something to go on, but I have filled out the form and requested info for a couple.Thanks much!

It is very common for the typical bank mortgage person to make this mistake. 

Or you can have an assistant share the credential, so they can handle the communication on behalf of you.

That's not my cup of tea and also very risky and capex may exceed cash flow if you don't spend enough on rehab up front.My last few personal purchases all involved circumstances that gave me an edge: at this point I look for properties that need minimal work: instead of a 6 months rehab, I already get 5 months of rent.

I personally wouldn’t buy a property where the unit mix is only 1/1

Who will be handling all the other functions?

Sell the home you currently own to a non-disqualified person then have them sell it to your retirement account...just in case you're thinking about getting creative.