If you have investors who are willing to take over a contract without seeing it, then more power to you.I explained to your employee that we were new to the Florida market and that we had not established local team in this market yet. 

When you ask someone if they know of someone who wants to invest 20k into a deal, you might get a "I do".

Also, you should check with an attorney as this is not legal advice, but I'd assume you could have her sign a power of attorney regarding the mortgage, or have her designate you as her representative.

And as this faux 'recovery' is merely a 'reinflated bubble' as par, it ultimately matters not whether the PTB (Powers That Be) are in near complete control of another 'controlled demolition?'

I work in retirement for my day job so I get the power of real estate is FANTASTIC for the longer term as well.

Not sure what rate he got 5 years ago, but my guess is it is probably lower than what he can get now as an investor.3) If he sells his Fort Collins house, he will need to pay realtor fees, perhaps as much as 6%, which can significantly impact his purchasing and leveraging power going forward.4) He might try renting out his Fort Collins home first and see what he can reliably get for it. 

Rehab, construction, remodeling, additions, etc...are all very different.3 - You don't have a Power Team built yet.  

The power is that your using leverage and tax advantages to grow your initial investment exponentially over time.

You have plenty of experience and know you could not work for decades and be fine but choose to love to help your clients and enjoy your craft.Being authentic and relaxed is very powerful.

And the reason that it is less expensive out of state is usually the exact opposite reason as it is hard to find a deal in LA, there is much less demand and higher supply of housing ... even if the cash flow on day one appears high, if the rent increases don't keep up with inflation then CapEx will eat your lunch in the long haul and you will be losing purchasing power each and every year.