This can ultimately cause you loads of time wasted having it vacant.

Would the units that need to be remodeled count as deferred maintenance (causing a reduction in price discussion)?

Unless there were some special circumstances, paying par value for the note will cause general loss as future value depreciates. 

Then again, if there was a very strong rental market in this area, causing me to be quite confident I would be able to find tenants quickly, I would rather have the opportunity to choose my tenants.

Why not pay him for a GC/supervision flat fee to manage the subs instead of going thru the legal paperwork and potential profit sharing which could result in an ugly lawsuit or cause you to open your llc books?

Frightening British owners or causing difficulties for them to buy or live in Spain would risk putting a stop to this recovery.

Luckily we only have good ones now, but the bad ones caused so much unnecessary stress.  

After a few weeks of hard thinking during this time caused me to reconsider, my whole goals in real-estate shifted.  

I spoke to my pastor and let them know of the situation, cause things might escalate and then i.

However, this exact issue causes Zillow to be off by ~$100k in my primary residence.IMO, it's a service best suited for retail home buyers just starting out.