Boots on the ground and structuring deals out of state

[Sean Harris]

I have a few questions pertaining to buying property out if state and how to structure partnerships. I currently live in California and I'm looking to buy in Tennessee where I currently have family and friends living. My first question is, if I have people who I can use as boots on the ground such as going to view properties for me, meeting with contractors and even personally manage some of the properties, how would I structure deals to where they get cut in as well? Like paying them a property management fee or work some kind of payment deal for going to view the prooerties for me and talking with contractors. What advice do you have on that? Also this may seem like a complete newbie question because it is but I hear all the time on podcasts and forums about how when you find a deal the money is the easy part. I can't wrap my head around this. Starting out as a newbie with one rental under my belt, once I need some cash it seems like it would be hard to find investors without a decent track record. Any tips or experience will be appreciated, thanks.