it'll add value to commercial enterprise but not residentials

The hardest part about flipping remotely will be deal sourcing, although that's also pretty much the hardest part of the whole enterprise anyway.

So is Dad putting in any money or just a contractor bidding a job, is he looking at property and telling you to buy or not,(keeping you from disaster) repair/rehab estimates ect are you using his subs that he has built a working relationship and trust over the years withwill you make him wait to get paid when the deal closescould he be working else where getting paid like normalfirst try to put yourself in his shoes, last thing you want to do is have a family mess over businessWith any partner I always have multiple discussions,  a meeting of the minds, then a waiting period (gut check) then PUT IT IN WRITING and the way I explain it to folks is that it makes it easier for everyone to rememberfamily dynamic can kill a deal or make a fantastic fun enterprise

The good part of vertical integration is we have enterprise-grade software and data with dashboards and graphs and all the bells and whistles to see problem areas at-a-glance at any time, in real time.5.

What I would create is such an enterprise with pooled investors -- I might just do that. 

Vetting is a different issue...unless you are dealing with a national chain or a known, substantial enterprise, you should require a personal guarantee from an officer or manager of the company.

@Benjamin Kanevsky If you have another source of income, it will be easier to slowly build a PM company from scratch.If you are looking to quit your day job to do PM and need sufficient income to pay the bills, it is probably easier to buy an existing company.I would definitely have some kind of corporate form for the business, and I would also recommend having an attractive website as a starting point.As you grow the company, you may consider an enterprise backend solution like Propertyware.

There are going to be some enterprising attorney's making a LOT of money (especially in Texas with its very strong homestead protections) making a lot of money off the Pace Morby/guru boom in a few years. 

Howard HerringtonInvestor/OwnerH&L Realty Enterprises, LLC.

Last thing your going to do is educate a newer person on how to go out and beat you to your deals.I suspect this is starting to happen in these other markets.Along with price points... lower the bar of entry to a given market the more folks can enter.And I think what most folks realize after time that as you state this is a mid level corporate or business enterprise if one is to make any serious money at it.. other than the occasional flip they stumble into.One of the reasons turn key is so dog gone hot in most markets is investors will generally learn that anyone can get into the rental game.. but most have a very difficult breaking into the flipping game unless they are well capitalized and knowledgable on all aspects of lead generation.