The short of it is that you find investors in a distant market, do direct mail campaign to that area and then be the middle man and connect the seller with buyer for a fee.

I like the freedom of not having to answer to anyone but the very very distant bank, LOL

We are also looking to invest in Toledo to start, as my partner grew up in the area and still has family who can help us, since we are both distant.

I've been in and around real estate for years (held a license in two states in the distant past). 

I wish I knew more about distant management when I was selecting investment property.I bought a 4 unit bldng in Covington, KY.

Does anyone here invest in distant properties for a local person to live in, work on, renovate, and then sell for shared profits?

Focus on strategies that work for you and which you can get started with sooner rather than in the distant future.

Hi @Sundeep Amin When I started out 10 years ago, I compared two opportunities - one close to home, the other turnkey in a distant market I had researched but ultimately didn't know well enough.

To suck up all that cash flow for the sole goal of having free and clear properties in the distant future leaves out one of the huge benefits of RE investing, IMHO.

After the one year rent guarantee runs out the buyer, almost always distant, discovers they have bought a property at an above retail price that needs continual maintenance and doesn't rent for anywhere near what the seller claimed.At best you'll give up some of your profit in exchange for not having to do any work.