I'd definitely consult an RE attorney who is versed with dealing with these. 

Like you said, every time you visit family, you can check in on the properties and now the trip is a tax write off (consult your CPA). 

For tourism you have several, including one (IFFRU) that can fund up to 100% of the renovation costs (no purchase).You can do your own research but you have companies / consultants who this job for you and charge a success rate (pay only if funding gets approved).

Old thread but we opened with Frost Bank, my representative had to consult with many people but finally we opened child subseries LLC.

Always consult with your attorney before you rely on the above information.

I'm a construction management consultant (so similar to engineering) and investor/agent in the Boston area so I get the need to want/need to stay local.

I currently consult within the industry, so was aware that SEPira(k) is likely the best home for anyone from Quest needing a new Solo 401(k) provider.  

She needs someone who can think outside the box and won't be looking for opportunity to sell her on something for their own financial gain and are willing to provide a free preliminary consultation.

Although YES, I have been on legal council as consultant to some sizable case law setting suites.

Whether an individual consultant or a mentor through a program, mentors provide the foresight and support you eventually need because of their experience.