It may pencil out if you're building an extra unit, but just a single bedroom is not going to work.

Since they are considering renting their properties out, sell them on the concept of getting consistent cashflow from you - without the hassles of being a landlord.You will then need to make sure you can make those monthly payments EVERY month in addition to do remodels.

Makes for very easy updating.As for out-of-state, @Daniel Hyman is correct that any competent tax preparer should be able to handle different state returns using easily available resources. 

I would love to meet you when you come out some time.

I believe he just sends his guys in and tells them fix whatever needs fixing and take as much time as you need with no checks or balances. 

I'd be happy to help them out.

Please provide what automation you couldn't live with out and why!

I'd really like to find someone here who has dealt with them :-)Hey Randy, check out the American Association of Private lenders.

Whether it’s sharing strategies or collaborating on deals, there’s always value in teaming up.Feel free to reach out, and let’s see how we can make things happen!

If ever have any questions feel free to rech out it woud be great to Network!