I source out equipment there all the time

Windows that open to the pool area must be equipped with a screwed-in-place wire mesh screen, a keyed lock that prevents the window from opening more than four inches, or a latching device located at least 54 inches above the floor."

% for 20 years.My payment would be much lower, say roughly $850, which will generate more monthly cash flow, but I'm adding 12 years of payments. 

Just to realistic expectations, you can probably generate up to about 20-25% cash-on-cash returns in good rental markets these days (I'm from Baltimore, but don't know the market very well anymore), so your $160K would realistically generate about $30-40K per year in pre-tax cash-flow.To earn more than that, you'd need to take a more active role and do some more risky investments.

I've done all the calculations and the property is going to cover the expenses and generate a decent amount of cashflow.

(moreso as a risk to them not to your equipment) and utilize the rest of the space.Being an older property, it is likely VERY inefficient as far as utilities go, particularly water.

You will likely not be accepted, but you will at least get a computer-generated counter-offer form HUD that will tell you what their current minimum acceptable "net" is.

Chiefly that they are not the global economic engine of the USA, their currency does not rule internationally like the USD, and they don't have nearly the debt that the US gov has (nor the capability to generate it due to their currency status.) 

If the LLCs are created in the right way and are maintained as they should be, this structure will separate the properties for limited liability purposes, and the liability generated a property owned by a single LLC will not touch the properties owned by the other 2 LLCs. 

But these do generate some leads for me.