If you can handle the DTI hit and the payments on the HELOC then this is a great option as it keeps you with cash in hand and the HELOC can be used as a tax write off.

It's a joint venture with a few partners with one partner handling the bulk of the workload when it comes to upgrades on the interior and exterior upgrades necessary.   

I'm looking for advice on how others would handle a few things that came up on the inspection.

Hi all, 
I am undergoing a project to consolidate a lot. My goal is to build a small hotel or rental complex right after. I have already obtained all but the corner property. 
I do not have enough for a downpayment ...

You can remote your investment but then you have to rely on the team handling your investment.

It is always recommended you have a structure in place to handle the terms.

How would you handle maintenance request?

I do not expect to have much issues with permits get approved if I use qualified contractors to handle the prints and civil etc

So if you find one that handles the top 3 of your wants that might be great and you may have to accept the poor way they handle the other one. 

While there are going to be a lot of resources for you (nolo.com for example) I would highly recommend that you hire an attorney and let them handle this and you ask them 100 questions along the way if this is something you want to know how to do on your own in your own city.