I have personally owned investment property (both long-term and short-term rentals) along the lakeshore.

You are correct they handle by PM company liability I have prudential personal liability.OK, yeah, and they (Coterie) doesn't offer commercial umbrella insurance (or personal) so I was concerned you might not be covered correctly.You have a personal liability umbrella through Prudential?  

I'm offended that nobody included me in in this conversation.

Let’s keep the conversation going—I’m sure we can learn a lot from each other!

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.

There are so many variables and some of the biggest misunderstandings come from regional variances on how these variables are handled (mortgages & financing especially).I had thought progressing towards multifamily and then commercial was the obvious path to follow, but one conversation changed it all.

It has to be a personality trait.

And ensure to not intermix the business and personal between the two. 

Conversely, a lack of charisma or poor screen presence could hurt a person - ask any radio personality!!! 

I'm willing to help this person in any way I can.