-Start at a title company- they will help you structure liens and deeds so that your interest is protected properly.

The reverse mortgage company wants buyout and I dont have over 200k to pay out.

I am pissed at the company and in search for a decent management company at this point. 

Apparently they take preferred interest in your company or have you sign a UCC cash flow agreement.

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

I've heard there's a good chance the mortgage company won't care as long as the payments continue to be made on time but I still want to protect myself just in case.

We have been around the bigger pockets community for over a decade now and have more 5 star reviews on bigger pockets than any company on this website in any industry (>270 5 Star reviews).

Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.

I also have a background in software, having founded and sold the majority of my software company in 2014.