It just came out this month and will hit every question you have about that in my opinion.

Time is a valuable resource and "spending" it everywhere at once isn't worth the effort.

First unforeseen issues wipes out all cash flow and reserves.  

Interesting, I am an active investor, we also have a team and ask OOS clients almost the opposite: we require them to come to Milwaukee and check out some neighborhoods and houses together in order to make sure we are on the same page.

You can also check their reviews online at Google, Facebook, or Yelp.

Quote from @Rory Darcy: Hi guys my name is rory, pretty new to this im an out of state investor residing in new york, looking to invest in wisconsin and illinois, currently looking to build my portfolio around multi family duplexes or single family residencies, would be great to connect with like minded investors or agents who can lend a hand.Rookie investors should not invest out of state.

You didn’t pull the plug when you found out it was 20% more than expected?

I recommend two accounts: checking and savings.

Hey Gene,Thanks for the valuable insight.

He even chatted with me through this forum (Bigger Pockets) and was very encouraging that you can even do it just with free stuff out there.