A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.

If you are an out of state investor the team you pick is more important than the market you pick.  

Out-of-state investing can absolutely work, but it comes with a steeper learning curve and more reliance on a team.

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

Right now, you may be looking at it as scalable, but assembling a team without a track record is hard because some may end up being leeches.

Do you have an experienced rehab team? 

We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.

Always research local regulations before investing.The Importance of a Local Investment TeamA knowledgeable local team is essential for success.

See below:Survey (8-10 weeks) Request Permit Prints from Design Team (4-6 weeks) Site Plan and Septic Design from Design Engineers. (6-8 weeks) Need survey back to start designs as this is site specific Energy Docs (1-2 weeks) Need plans from Design Team to make request.

You can talk to him / his team in the monthly meeting but they're on an agenda so don't expect to much one-on-one type support there.