Just for background, I work in logistics and supply chain management. 

I think in most cases it’s better to have rentals local to where the owner is located frankly for logistics, but that’s not always optimal in other ways.That’s why I make periodic in-person checks to my rentals instead of just relying on the property manager.

@Alpesh Parmar has raised a good point about focusing on one market due to logistical issues.

Logistically, how would this work, since they won't have a cashier's check for the $200K.

It seems like there are tons of logistical problems that would get in the way.

Can you be really sure that everything is disclosed and are you ready to deal with the logistical fallout if something goes wrong?

Now, traffic to these high municipal, commercial, academic, medical prone areas from outer areas is getting to be a big factor, and adds stimulus to demand, added with current logistical costs and transportation.To add more appreciation to the area, large buildings are being turned into high-rise condo buildings and lofts, going for some hefty prices.....So IN THEORY, it looks like a win....I got some good intellectual backing from friends whom are superintends for the largest builders in the state, #1 & #2, not to mention the designer is one of my homeboys too...Now, this has got my stomach feeling some multiple Metamorphoses wrapped up and ready to burst (if you know what I mean).......It’s looking good so far.....Now,Here are your turn boys and girls to add some (+/-)critical replies, anything will help...I have got to be damn sure.......

Maybe if Bill Gates, Ted Turner and Warren Buffet were funding the project it would power through and be a success.I completely agree that it would be an amazing tool that would totally change how real estate is bought and sold, but the logistics and legalities would be unbelievable.

I live in Ottawa and I know that the same "creative" deals can be worked here even though the logistics are a bit different.

But logistically, getting a license does make sense.