If you do, then you can choose whatever you like the best.If you don't have a C wire, then your choices are very limited. 

A larger split on the profit or paying them interest during the deal with a smaller split on the profit?

Brew City FB Group is a great source for contractors.BTW here is a good story: the choice of lender matters more than most people think and not for the interest rate.

Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? 

Ecuador is currently one of my top choices so If you could get back to me at your earliest convenience on the mortgage question that would be great! 

@Dimitri PaspalarisWithout providing advice on your fund choices, I would say the idea of allocating different portions of your discretionary income in a diversified manner is a great idea.The same way you would diversify a market investment portfolio or diversify a real estate investment portfolio, I always recommend people diversify their “wealth portfolio”.Wishing you all the best in achieving your financial goals!

This equates to a large monthly debt service and larger holding costs.See here:  https://www.biggerpockets.com/companies/hard-money/location/louisianaAlso check out these:https://nolahardmoney.com/https://www.thekpcgrp.com/realestate/https://limaone.com/https://ironbridgelending.com/Have you looked at using a local bank?

That looks like 2 separate SFRs on the same lot to me, but i had a little trouble opening a couple of the photos.You should make sure that its zoned and permitted appropriately.It wouldn't be considered multifamily in my area, I believe.Your lender would have final say on the financing choices I'd think. 

Now with that being said if you were interested in cash flow you could easily take that 200-300k and invest into something with more units either here in CA still or buy something much larger in the midwest somewhere. 

You cannot discriminate against children, but you can certainly discriminate against low income, poor credit and/or poor life choices.