You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

I'm familiar with the whole building/repairing process so it wouldn't be completely foreign to me.

HUD criminal investigation division can make requests to any federal agency.But, if you just follow what's usual and customary you'll never be sent to a foreign country for questioning or reported as "Lost at Sea" :)

I'm a foreigner with no social security number in the USA.I've got good relationships with my banks here in my home country and I've been working with them for the past 2 months: Citigroup and HSBC.

(Not sure, but it seems like crypto currency gains might qualify too.)  2.

Also, is there any reason why a foreigner (Canadian) cannot participate in the on line purchase of a tax deed?

Bridge, portfolio, foreign national and other specialty loan products.Key Bank, FLorida flexible lender, HELOCs on secondhomes and rental properties. 90% LTV on primary.Merchants Bank MN See Pavel UshakovMountain America Credit Union in Utah, Idaho, Montana, Nevada, Arizona, New Mexico. 85% LTV, promo rate of 1.99%.

Depending on your provider, you can also get your phone set up to call from foreign countries.

This is totally foreign to me. 

My wife enjoys decorating the house for the seasons.She listens to me talk about commercial real estate investments and development and is interested but likes doing her own stuff.There are teams out there that both love real estate and other partners who find joy and currency in many other different things.I celebrate the differences as it is another unique angle in life to experience and enjoy.The big question is if your girlfriend is okay with having 3 tenants living next door to her?