During our first deal we'll look at communication and regular updates.

Someone who knows and works the area regularly?  

Be sure to explore the tools provided by the BPC, there is a list of top markets that is updated regularly based on a number of criteria. 

https://www.linkedin.com/in/bobprisco/AboutThanks for taking a minute (or two) to read about what we do and why it might benefit you too :-)At first glance, we might look like JUST another real estate investment firm.A firm specializing in helping regular people (like us) achieve true financial freedom, reducing risk, maximizing passive income, and saving on taxes…One that delivers 100% hands-off turn-key rental properties to our investors from around the globe.

Don't just call them once... make it a point to remain in regular contact with them (at least 1x per month) via phone, face to face, email, text, social media, mail, etc.At the same time, make it a point to add X number of NEW contacts to your database each day or week.

A regular camera will monitor more of an area, but it is nice to have the doorbell version so if the house is empty and someone rings the doorbell, you are notified and can talk to them through it. 

You still have him managing it after all of that....fire the guy and start working on getting him out. take over managing it yourself with regular insepctions. 

@Neal DaftarySo - You need to set up a regular LLC, this would be considered the parent LLC to the following series LLC's that you will create for the specific purchases. 

As far as financing, you should be able to purchase the property as a regular investment property - no need to go the commercial route from my experience.

You can request recent pay stubs, an employment letter, or bank statements that show regular income.2.