It is just a loan modification based on the market value of the house.

Thanks in advance :) Also...1031Crowdfunding.com is a good place to find lots of deals to evaluate.Additionally I also know of one broker who offers most of the typically packaged 1031 deals but waives the typical front end commissions.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

If the property has not received a lot of attention is it worth submitting an offer below asking? 

I am curious if there is anyone with experience in owning real estate in another country being a US working citizen and have some tips on how taxes operate if I were to list that property on Airbnb in a foreign country and so on (any other tips you can offer towards this)...

. $300 was more than I would have offered.

Make sure the $400-$500/month cash flow is enough to cover unexpected costs.It wouldn't hurt to look for other refi options or consider a different loan option, which might offer better terms.

And yes, based on what you stated we would need more information but let's take it at face value - what if you don't show enough income to get a "traditional" loan?

During value add the value would decline if based on cap rate and NOI due to higher vacancy.  

And perhaps in that case, I am thinking to offer them cash for keys to vacate the property (After the property is vacated and condition of the property is verified) rather than hoping that this will get any better.