Board services beyond MLS access are a big nothing burger as far as I'm concerned.You need NMLS if the loan is for consumer purpose (personal, family or household). 

Unless that video can show you inside a plate cover or a closeup of each piece of the plumbing or every floor joist, AND has a ruler showing you measurements of everything, I need to be on site as well.

Then later in the day someone would have dumped a Burger King bag on the street.

Franchised operations usually work better when there is a reproducible process, like frying Wendy burgers.

This is not legal advice, just friendly information.As a general rule, real estate holding LLCs should be created in the same state as the property.

And the cash flow kicker is, I turned a junky basement space (a nothing burger I spent $7k to spruce up) into a hip office space that now rents for $1900/month to a small engineering firm :)

The difference being that, with a passive investment, you will most likely have money coming in from the work of others or because of market volatility rather than having the majority of that money being a direct result of your own labor.An example of this would be when I have a meeting with the manager of the Burger King I own or a meeting with the property manager of my MFRs.  

When I am down your way I fly over to Catalina land there have a buffalo burger then few hours later I am back in Oregon...

You can develop a system based on one metro area.I'd think the purpose would be to better describe a property, it will take a broad brush to paint an accurate picture and compare a parcel in Toledo with a standardized ruler so that someone in Chicago can relate to that property without knowing the Toledo market.

Jesus once told the high-affluent ruler to get rid of his infirmacy by dipping in the Jordan river seven times.