We work with out-of-state/foreign investors consistently and the key is communication and being the type of company that is technologically forward-thinking (i.e. the ease of sharing photo/video updates and making selections for your property).Your first protection is making sure you can run the numbers for the right deal - looks like you have a good head for the numbers you need to hit, so you're on the right track already!

Dealing with crisis situations is my speciality, as well as, strong communication skills.

It's the biggest task I have on my plate for the upcoming years and I have somewhat of a plan, but still trying to figure out the best and most efficient way to get good used homes into m parks at an affordable price.  

Oh, I have bought many properties in this situation.Here are my pointers/lessons learned:1) Make sure you understand the deposits and they are included in closing2) Make sure you understand your state laws on giving the tenant notices to move out3) Try your best to communicate with the tenant some will freak out when a new landlord is added.4) Get a copy ownership to the new tenant and make sure to get keys5) Inform new tenant by your state laws you need to do repairs and get pictures before damage is done that they claim was pre-existing....bs.6) Be nice but be strict when it comes to paying on time, they will test you.7) Hope for the best, and prepare for the worse. 

When you find a sponsor you like, do yourself a favor and get clear on what your experience will be like AFTER you have invested.Does the sponsor have a communication plan?

I was thinking about getting something fairly streamlined and integrated with Gmail for efficiency and that allows you to add contacts without having received an email first.

My thought is that it's one of those things that you have to verify on your own anyways.So is asking, which I think has the possibility of communicating "I don't trust you", worth it?

I think David Greene also talks about arming real estate agents with your criteria to keep things efficient and demonstrate your professionalism.

The term “advertising,” for purposes of this rule, in addition to traditional print, radio, and television advertising, also includes, but is not limited to, sources of communication available to the public such as signs, flyers, letterheads, e-mail signatures, websites, social media communications, and video or audio recordings transmitted through internet or broadcast streaming.

I have found that when you do your own work efficiently and/or your own contracting, the money you save from being attentive, knowing the true costs, and being ready to do what needs to be done yourself, if need be(or because you enjoy the type of work) is easily enough to cover improved materials.