Remote Flipping, is it possible?

[Chris Magistrado]

I have an international friend that flips in the Netherlands and Spain. She wants to learn if it's possible to flip in the United States, remotely, and what that would look like. My guess is that it could be structed as one person handles everything locally 'boots-on-the-ground', and the other acts as the investor.

Has anyone see or done deals like these? Do they work, not work? What's something to look out for?