Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

They made their millions, and while they don't want the gravy train cut off, they also are looking at their personal bank account and thinking: I can put my cash in treasuries and still make $1mm/yr, so 'F' it.B) What is this "long time in business"?  

These are professionals with additional training and a stricter code of ethics.

The Long-Distance Real Estate Investing book is a great one to get the lay of the land on doing it from afar, but getting on-site experience will also be important in your journey.

I can understand the temptation of wanting more rent from your multifamily home however I would add this to your train of thought:What would happen if your tenant in your illegal basement unit burned down the house which caused another tenant to get hurt or even die?

Let's say it is a psychological and behavioral training to get used to virtual "ASSets". 

It might be a good training exercise at least running the numbers on some of the properties on the list. 

It would be perfect for someone running their own business and wants to live on site.   

They let my on-site manager know they were going to "take a trip for a birthday party" and have not returned. 

How much of your free-time goes into research versus actual hands-on work on-site?