This will allow you to borrow more than the minimum requirement and have one loan encompassing multiple properties.

If you are a long distance investor, what strategies should I employ to ensure I have done due diligence before I fly out to see the property?
I can think of only a few things and I'm sure there are plenty of others....

(Solutions are not all encompassing, but are meant to give examples)Also, I strongly encourage that you do not go with the cheapest option.

It encompassed a lot and was too much to write out a reply in a post.

If so, a blanket loan can be done encompassing all the properties under one loan if you are 50% or below LTV.

Purchase price: $125,000 Cash invested: $25,000 This property encompassed quite a few firsts.

If the agreement was written in an "all encompassing" manner, then it will resolve any dispute the two of you may have in the future. 

In the area of the market I watch, within 25 miles of Apopka (which encompasses most of Orlando, pretty much Orange/Lake/Seminole counties) and within the last rolling 7 days from right now, there have been 535 new residential listings, 533 residential listings sold, and 695 residential listings to go pending.

It certainly doesn't look like that's encompassed in your monthly management fee. 

Then other variables can come into play...especially it seems in these price ranges...some things will make a house sell or not sell....is it a neighborhood with a view...like ocean view vs non ocean view....think about condos in Hawaii or houses in Malibu...on the beach might be $1mil more than 100ft across Hwy#1... some neighborhoods every house has a pool or 3-4 car garage or gated drive...school district can make a difference....there are some houses in my city on a curve...same street name..same street...but the school line is straight...so one house might be in the preferred zone and the house next door not in the preferred zone...big difference for people with kids....some neighborhoods are like that too...where school district encompasses two or three different cities....some people want to be in certain school districts, but it is a prestige thing to be in the district..and a certain city.