Ideally, investing locally would totally be something we'd prefer to do.

I work in comp so I have no issues building my own but I'd prefer to simply use one that's already created.Finally, aside from reviewing prior projects on the company's website and scouring the internet for reviews, does anyone have any tips on how to select a given company?

Deciding whether to buy properties under your personal name or an LLC is an important consideration, especially when you're planning to use hard money and then refinance.Buying Under Your Personal Name: Easier Financing: Most banks prefer to lend to individuals rather than LLCs, especially for first-time investors.

My credit isn’t the best and I would not qualify for doing so looking to invest in Milwaukee or the Midwest area Would prefer to buy a hold, but would be interested in house flipping. 

Real estate has the 1031 exchange gift and the many write offs that makes it preferable for many people.

Right when I set myself up for it I found a better strategy/niche.

The important language in your reply is "on their behalf" -- redirecting the principal's funds is not acting on their behalf.Seems to me the smartest/easiest way to deal with lender escrow accounts is to have that feature eliminated from the loan ASAP in the subto process... preferably immediately after an annual tax disbursement reduces the account balance to a low point.But yes, when the principal dies so does the power.

Some niche lenders or private lenders might be more flexible with lower down payments if the cash flow on the property is strong.

I often wonder if the remote location (20 minutes up the mountain) is a turnoff and travelers are starting to prefer motel-like accommodations that are close to the main highways.

If you place the right tenants consistently, you will rarely have problems.Here's a detailed guide on how to screen applicants: Application Screening GuideSecond, consider inspections at least once a year, preferably at the mid-point so you can catch damages before they get too far.