Make sure you have the following:Great investor-friendly agents to be your boots on the groundMultiple contractors to run bids throughMultiple lenders and hard money lenders to quote youA great real-estate specialized CPA (and bookkeeper once you start to scale up)

Generally speaking in the U.S. many vices are legal (g*ns, dr*gs, patent trolls, frivolous litigation as extortion, closed hand combat, prej*dice) but evicting squatters is virtually impossible...just jk obvs.

Some are local people to the listing and assist in boots in the ground activities, others just do guest communications etc.A PM is not necessarily a building manager, but does typically manage the whole process property. 

Also note that it is VERY important when investing from afar to have a good team in place to be your boots on the ground. 

Boots on the ground type. 

The objective- Establish some boots-on-the-ground support and potentially some partners.

If you're looking to invest OOS you should check out this Bigger Pocket Blog here: Core 4 Members of a Profitable Long-Distance Real Estate Investing Team (biggerpockets.com)explaining what's needed and how to build your Big Four team so you will have boots on the ground ready to move full speed ahead when you're ready to pull the trigger.

“Assemble your avengers” and get boots on the ground in the market you’re focusing on.

You may need a construction manager (a guy a friend who is organized doesn't need to be a pro trades person but doesn't use or party) to daily boots on site be orchestrating who is on first and that no one steals your supplies.

It is water front to boot. 69 feet x 250 too narow for conventional set backs.As pointed out before, there is efficiency in scale.