Now however I've just identified a potentially great rehab (a run down 2 bedroom I can add a 3rd bedroom to) in the same town but, since I live overseas, my question is: are remote rehabs considered too hard / difficult / risky to undertake, even for seasoned pros (which I am not); or can the risks be reasonably mitigated by hiring a good / trustworthy project manager?  

Has it been difficult to undertake building with all of the supply chain and labor issues?

Without a cost segregation study the cash is spent on the improvement and also taxed currently, increasing the cash needs to undertake a project.

There is a ton of stuff to consider such as proper entity formation, understanding the tax implications, picking a landlord friendly market and undertaking how lending works for foreign investors.

This property was a massive undertaking for its remodel.

Canva - fliers, graphics, etc5.

With our LTR properties, we only ask tenants who we have met with and would be happy to rent to, to undertake the screening process.

Sure we have responsibilities to undertake but we are both retired and actually enjoy what we do. 

A 4 hour drive plus time to remedy a situation is a major undertaking with a full time job.

I am a little nervous about undertaking a flip, but I am certain I will feel better about it after reading the thread.