From what I've heard, foreign nationals can purchase property in the U.S., but financing can be a bit of a challenge.

He needs properties and connecting with agents is a very low cost way to get properties, as Realtors are trusted sources for motivated sellers and naturally get deals brought to them.

The answer is to find cash from some source (any source) and swap the note in your exchange account with cash. 

The vast majority of business owners are not committing crimes, and tools already exist to go after the ones that do.For example, a certain political family has dozens of shell companies shuffling money from foreign entities with no discernible evidence of conducting business.

You can create an LLC in another state, but you have to register it in your home state as a foreign entity before doing any business.

If the foreign tax obligations is $500 and the cost to file the C-Corp is $1000.It may potentially not be worth it.How does the cayman islands tax rental income from the US?

My normal sources for DSCR are saying no.

I do believe that your HELOC will be a great source of capital to start your first deal but I wouldn't use it as a down payment (Speaking from my own personal experience).

Learn every word you don't recognize like you were learning a foreign language. 

Target prospective homesellers from 2-3 sources and present these opportunities to your network.