I would involve your insurance company.

Negotiation involved a thorough analysis of the property’s potential and local comps, allowing us to secure it at a price that would ensure profitability after renovation.

If your property management involves Appfolio, Stessa is probably one of the only platforms that integrates well.I’m not too concerned about double-entry accounting systems, so Stessa’s simplicity is actually a plus.

Not to mention trying to do this from a distance.  

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

Since getting more involved with BiggerPockets and learning from other investors I’ve been thinking more about that notion of working “on my business instead of in my business” and how I can systematize my processes and information to free up my time to be more productive. 

As RE agent could facilitate deal without third party involvement Lessons learned?

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

Can a long-distance investor be considered materially participating in their STR property?  

This involves purchasing a property with 1 to 4 units using an owner-occupant loan.