U should also consider using a property management company to manage the property so you can focus on building your portfolio and managing the managers. 

We are remote owners so we were trying not to drive down to do an in person viewing.

Property is in a great neighbourhood, with balcony views of a public park in both units.

View report*This link comes directly from our calculators, based on information input by the member who posted.ARV is an " educated " guess from local online postings Rehab is based on the listing pictures onlyIncome is based on 3 rooms rented plus a converted garage.

Property is in a great neighbourhood, with balcony views of a public park in both units.

WHEN SHOW HOME there can be just 1 person viewing at a time.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Has anyone been using virtual tours to view properties and what platform might have the best results? 

I view OKC as a middle ground.

If the partners are active, actually helping with management, signing loans, etc, then it is a JV and you can form a simple partnership to own it, but still will need to consult an attorney to draft docs and make sure everything is covered.For the 20% PML/80% bank, you will need to be careful with your lender, as they may view that as debt too, which it is.