If you are going to manage remotely, you can pick anywhere! 

Everything that involves money in/money out should be explainable by the person picking up the phone, and it should be articulated clearly. 

I like to talk to them and pick their brains a bit, sometimes theyll make suggestions you can act on and save the property money.

They are wanting to pick up 3 new single family houses. 

I actually got out of the mortgage industry and into something that I enjoy more, but I'm looking to put the knowledge I picked up in those four years to use. 

Hello Trent,No, unfortunately, I have not had time to sign up for any of the local REIA.That is my plan next year, I just picked up a house in Perrysburg off Roachton Road last week.Let me know if you need any help, Victor

In this 60-minute session, @Dave Meyer will walk you through the key stages of picking a real estate market.

Nobody can comment on what's equitable without knowing each partner's strengths & weaknesses and the specifics of the property being purchased but here's what I picked up on immediately: Why not form an LLC and have a partnership agreement? 

I asked if I could pick my trust company, I got a flat no. 3 days later they sent me the trust company's info, the phone number for the totally real sounding name of "Lawyers Escrowsan" is the same as Judith Knott's.

I don't know how much siding is loose, but assuming we're talking about a few panels of vinyl, I could easily do everything on that list in one 8 hour day including picking up materials.