One may even need more supervision and care than you can offer.Do the appropriate notices for your state and never waiver or look back.Good news: your inherited tenants will be your worst. 

Get offers for repair work in writing, dont pay up front, supervise the work being done to spot attempts at cutting corners before they happen, and use referrals! 

For private money, if they fund the deal, and you do all the work in supervising the rehab, marketing for sale, etc, upon resale you split the deal 50 - 50, or some other way.$1 Consideration can be to receive half the equity in the deal from a JV Partner (usually a busy business owner that cant be bothered with buying, rehabbing, selling etc.)I believe you need win win deals to get a good reputation with Sellers and PLers in your local area.All the best,Brian

My question is whether I then have to be under the supervision of a broker in order to subscribe to the MLS?

If the property was built before 1978, you should also get a lead based paint test before starting a big job involving drywall, windows or paint.By the way, it is normal for the manager to mark up the bids, to compensate them for organizing, supervising and approving.

The current requirements include working under the supervision of a licensed contractor for at least one year before applying for your own residential builders license. 

Most of the horror stories are from owners who rent entire places, because there is no supervision and if left to their own devices, people will do what they can get away with.Even if I'm going out of town, I don't let my guests know.

In some states it’s salesperson and broker and the only difference between those is as a broker you can have your own firm but as an agent you have to work under the supervision of a broker and hang your license with them. 

Finding and supervising them from 1/2 way around the world seems like a stretch that will most likely cause you a pile of problems you neither want or need.Hiring a GC seems like the most practical thing to do.

Quality of work completedSince, I'm not able to supervise the work, I find myself dealing with lack of integrity.