For new prospective investors who have more money than time, I think this might be a better first investment than trying to be an out-of-state landlord.You do all of your vetting upfront—of the operator, the asset, the loan, and the area.

Do you guys operate in North Carolina?

@Ryan Kline You either have a balance sheet we all envy or you are an individual who has no confidence in their ability to be a good real estate operator.

Hi, has anyone used lead mining pros?

I always pay mine a little extra. 

Also, this creates misalignment of interests as the deal unfolds.3) Check the details of the operating agreement.  

I now operate Iron Goat Home Services as a General Contractor/Handyman.

He has 2 different credit cards of mine.

I am sending rent invoices and they are directly depositing the rent from their checking account to mine.- They had their corporate counsel review the lease and request a few changes.

I have used Blink cameras, which are battery operated with great features, but they have to connect to a WiFi network.