Local Expert for Suburb Investment

[Ryan Shaw]

As a hands on individual who lives at the outer edge of a major metropolitan area, I'm curious if investors from the "big city" who are looking for more affordable markets would find benefit in the assistance of a fellow investor native to the area (to help vet properties and/or act as a property manager).  I'm sure the case by case answer to that question will be "it depends" but it seems like a good opportunity for someone with a larger investment capacity to find a partner that could bring something to the table other than initial capital.  If nothing else, it would save them from making a multi-hour round trip to visit a dud property.  

Is there a term for this kind of relationship?  Is it common/discussed on BP frequently? How would two such persons go about connecting?