Investing out of State before I have a team together

[Stacee Evans]

Hello,  I live in Southern California and have rental homes locally and one out of State, in Nevada.  My homes were purchased  years ago but I am looking into investing out of state now because the prices are so high locally.   I would like my next purchase to be a buy and hold and I'm looking for a house that needs work that I can fix up and rent out.  I'm not comfortable doing this without a team, but I have a close friend in Texas that I could use to check on work and help me as I build a team if I decide to keep investing in that area.  I'm trying to figure out a way to have my friend work for me either as a partner or paying some type of a hourly or rate per job to do things like oversee contractors, meet home inspectors, send me progress videos and possible help me with finding a property management company.  What would be the best way to set something like this up?  I'm ok with giving her a percentage or paying an hourly rate, but I'm not sure how to structure it.  She does not have any real estate experience and will not be investing any of her own money, but she is smart, works hard and is trustworthy.  How would you recommend I set up something like this?  Any input or advice is appreciated.  

[Stacee Evans]

Originally posted by @Mike Reynolds:

@Stacee Evans What part of Texas are you interested in? I may can give you or your friend a few names for contractors in several parts of the state to vet.

 I was looking south of Houston, but I'm open  to any area that makes sense.  I don't know anyone in the San Antonio area, but as long as I have a good team, I'm willing to go where the numbers will work.