Alright.Do you put the water in their name or keep it in yours and send them a bill? 

This is a cycle that really shows the difference in agent ABILITY, raising bar of Professionalism. 

You don't have to care about what they do with the money as long as you think they have the ability to service the loan and you have their US property as collateral; you have nothing to do with the overseas country directly.

Unless the discount points have a sub 3 year breakeven, I do not think it is worthwhile (Unless you have concerns about your ability to refi in the future).Could you image paying 2% in discount points for an awesome rate, only to hear in 6-12 months rates dropped and everyone is getting that same rate or lower for a no cost refi? 

As usual, it depends.Does the 80 unit deal have better economics due to scale and ability to potentially support an in-house leasing and maintenance person?

Even though the city is very willing to not be an obstacle in building the community is outside my abilities right now. 

I highly recommend a PM, but some people have the time and ability to self manage their properties. 

I've found some remarkable workers from both Home Depot and Craigslist.

From my reading of the Freddie Mac guidelines, a commercial loan, private loan, or any other type of mortgage affects you ability to get a new Freddie loan.

You don't have the experience or the financial ability to do this.