Flying in monthly helps, but having a local contact (realtor, manager, or trusted partner) is key for regular updates.Use tools like progress photos, video calls, or project management apps to stay connected, and schedule visits at critical stages of the project.

Regularly communicate with them to stay updated on progress and address any issues promptly.

I regularly see promotors selling lots in beautiful communities for $40,000-$100,000 in Texas. 

It’s a good gesture assuming it is part of what gets regularly checked and restocked if needed. 

During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.

For instance, how did the due diligence "come back as clean" and the "leases were solid" if the rent was not paid up to date and paid REGULARLY?  

Network with investors, analyze properties regularly and build a strong team early.Good luck!

I'm in a small town with nobody to really network with on a regular basis.

Good thing is they don't have rules about the interior remodeling (except the regular county permitting process).

for some of us "regular folks", a tidbit of info here to lower the appetite if you are not in that class of investments:"Regulation D, Rule 506(c)" refers to a specific exemption under the U.S.