My entire portfolio is halfway across the country and my property managers are just fine without me looking over their shoulders.

No disrespect and wishing success on your website - - BUTThe hackles on the back of my neck always rise up when I hear "... secret xyz".People like Isaac Newton, Gallello and  Einstein were 'original thinkers" and the rest of us just stand on the shoulders of those that come before us. 

A lot of the younger generation I rub shoulders with here in Portland have no intention to ever purchase a home.

*breathes on knuckles and scrubs shoulder. :)

I have so much pressure now lifted off of my shoulders.

The only thing you can really do is constantly look over their shoulder and monitor it, and things will still fall through the cracks.

if you have limited sources of cash, and limited skills, then get into a relationship with a more experienced (local) investor where you can offer to look over their shoulder and bring them deals, in exchange for "finder's" fees or wholesaling profits.As you get more experience, you'll quickly realize that money always chases good deals. 

On paper, with the IRS stipulations, this sounds as if it will not work and we will have to shoulder the tax bill, which will cut into our available capital... 

He doesn't want the responsibility plopped on his and only his shoulders.

@Jeffrey Jenkins 3 suggestions:1) Join a local REIA or Meetup2) Seek out an experienced local expert3) Ask them for an opportunity to spend a day (o 1/2 day) looking over their shoulder.