(you often find several syndicators trying to dig in the same proverbial pie with lots of egos and issues regarding their partnerships) 4) Who is managing the day today and who is supervising them? 

So we are talking about a 5 or 6 week process with no court supervision required. 

And all properties need to be managed and supervised numerous times per year; giving residents the idea that no one is watching and/or no one cares will be a sure recipe for disaster. 

I have just started listening to "Physicians and Properties" by Dr.

One of the REPS cases (I forget which off hand) they were basically like...petitioner states they spent 8 hours on X date supervising painters at the property and we find it highly unlikely that anyone would sit and watch paint dry for 8 hours. 

@Drew Sygit The verbiage in our management agreement is as follows: make, contract, and/or supervise repairs, alterations, and/or decorations to Property; to purchase supplies and pay billstherefore; Broker agrees to secure the prior approval of Owner for all expenditures estimated to be in excess of $500.00 forany one item, except monthly or recurring operating expenses and/or emergency repairs in excess of the maximum, if inthe opinion of the Broker such repairs are necessary to protect the property from damage or to maintain services to thetenants as called for in their leases; in the event that Owner is unreachable after multiple contact attempts for more thanforty-eight (48) hours to approve a repair in excess of the above amount, Broker shall be considered authorized to makesuch repair.I've been contacted about high ticket items in the past but these "make readys" are done without approval. 

Property Management will charge $140 per month+$20 supervision fees.

While my partner could visit the property occasionally, most of the work would need to be supervised remotely, which adds an interesting logistical challenge.If you come across more ideas or recommendations from others on the forum about structuring these types of projects, I’d love to hear them.

I am a physician, and my wife is a stay at home mom.

I have seen far too many times where these do not hit pro forma due to unexpected problems like theft, crime, etc.And, on top of that you are not even going to be in the US and have no ability to supervise and make sure that the people that you hired (who are not aligned with you) are looking out for your best interests.