That means you should not be working on the property personally or turning yourself into a delivery person making daily trips to the hardware store.But, while flipping houses can be done within the IRS rules... there is a potential catch.   

Spending $1000 for a quick trip on a $100s and 100s of thousands investment never seems like a bad idea 

Would you be able to make multiple trips to CT to get a team set up?  

I like 1 larger building as opposed to 2 smaller ones for a couple reasons. 1 visit for property manager instead of 2 separate trips will cost you more in long run. 1 roof is better than 2.

It could be a good idea to look in the areas where you enjoy visiting and could make a handful of trips each year if you chose to purchase property there.

It took a major overhaul. 2 40 yard dumpsters of trash and countless trips to salvation army.

OP should take a trip to county hall if he is unsure of the properties ownership status.

What can you see tripping us up?

Richard, while your contemplating what to do ... how about I lease out 1 of those residential units from you during a winter break/trip this coming season ...

Read with a glass of wine and your favourite cheese.