A lot depends on your market activity and whether or not you need an agent to help promote it.

So I need an active business, which could be fix-and-flip, wholesaling, or a non-RE business.

Be active on BP.

I sort of stumbled into my Detroit property without actively looking for it.Still have a lot to learn and this is an outstanding place to do so.

Welcome to BP Nation Frank, stay active and engage the community.

I am an active duty military officer so my situation is unique in that I will be moving around...this might prove to be a challenge so any and all advice would be more than welcome.

Picking up on the OP's original question regarding % of FMV (of the collateral property), what are you guys that are active in this market seeing in terms of discount from FMV?

Congrats on the rental property and I hope you decide to stay active on the forums and blogs.

Actually i can and I have the possibility to travel in the US quite often if needed, apart the problem would be for the immigration (max 90 days as tourist) unless i set up an LLC and self employe my self, but this I think would be a secondary issue, let's say after the rehab and flip is really profitable.Upon this I also would have the curiosity if I may ask, what the requirements or what the way I can be active partner business.

Staying active and engaging the community is of vital importance to your success and education in RE.