Anyone buying buildings to flip with tenants in these areas now need to be very careful. 

Many times, if you wish to hold the title in the name of an LLC, you may end up with less favorable terms or even find that it's not allowed.If you do find a loan program that permits taking the title in an LLC, it's essential to consult with your attorney and accountant to understand how to proceed.

Scaling your real estate investments requires careful planning and a strong foundation.

I am still working full time and can let my full rental income take care of debt since my wife and I make good incomes ourselves.  

You can try MyInvestorLoan.com, they usually don’t care if a property has a seller carry portion of financing in 2nd position. 

We obviously handle the ones near us in-house, but hiring someone in another market to work one day a month is a bit of an odd task.My guess is that remote property management companies need to have a sort of Swiss-army-knife person in the area that can do many variable tasks for them and works on an hourly basis as there may not always be things to do, but I don't know that for a fact.How do remote/long-distance property management companies overcome the challenges of not being in the area?

And of course, most homes have HOA's (homeowners associations) that can be $20-$250/month to pay for community maintenance, sometimes lawn care, cable/internet, amenity upkeep, pool, security etc. 

What is the cost of an HVAC system vs. a heat pump vs. forced hot water vs. baseboard and what is the cost to the tenant? 

Take Care,

Take your time to carefully review all aspects of the transaction, and make sure you’re fully informed before moving forward.