So when you need to go check on things, rent units, meet contractors, etc, you're jumping in the car for 6 hours, spending 1hr there, and I'm thinking after a full days's work. 

In my area a B class rental might be occupied by family with 2 wage earners each working full-time entry level jobs like warehouse workers.

Seeing as they have full utilities and stick built, they should be categorized as real property and have good value for their size.

To be honest, I would not use an attorney to draft a full op agreement between you two.

The other contractors that I have worked with gave me a full scope with detailed line items of what will be fixed, how much the labor is and how much the material is going to be.

I currently live in San Diego, Ca. but have been looking in the midwest, mainly Iowa, Indiana and Ohio, for properties.Hey Janet, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

I removed the chimney entirely and installed a full HVAC system, making it the only house on the block with modern heating and cooling.

sm IS LOADED WITH FAKE LENDERS NO LENDER IS GOING TO WANT A PAYMENT THROUGH PAYPAL FULL STOP.

Full disclosure, I have not purchased in San Diego since Dec 2021 (shortly before rates rose).  

I think it’s hard to have enough cash flow to hire a full time, quality manager who actually allows you to be completely hands off when you only own one laundromat.