Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically. https://www.biggerpockets.com/blog/core-four-real-estate-team

If you see exactly what the other person is looking at, you will be more confident in what you say and how you say it. 

Hi Aakshay, Begin with smaller, lower-risk investments to gain experience and confidence before scaling up.

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.

You will become more and more confident through experience. 

Quote from @Dave Foster: @Kiran Dhillon, You have to take title to at least as much real estate as you sell. 

Thanks for your help Dave Foster!

@Dave Foster @Jaime Duron, Thank you for the replies!

If your friend feels confident about the deal for the flip he should have no problem providing this.

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere.