Somebody has to ensure all these buyers have nice properties to purchase at or above list price!

Definitely speak to an attorney and CPA to ensure you are operating most efficient from both a legal and tax perspective.

I wouldn't suggest a HML to start since you'll be held to tight deadlines and progress and that may be hard to ensure 100% with this being your first endeavor.Never underestimate the power of networking and hearing things straight from folks who have been in your shoes - best of luck as you continue to pursue these resources!

     - Ensure tenants know how to report water pressure issues.5.

Even before getting to that thought I can say without a doubt that it is more risky than buying at home because presumably you've got the following working against you.Lower than average market knowledge.Lower than average number of contacts.Lower than average ability to do things yourself if need be.Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

If there is a CPA, you could send a verification of income for the past two years, as a letter and have them fill in the blanks and sign it and mail it back to you, then follow up with a phone call to ensure they mailed it.For smaller business folks, lawn care guys, construction etc.

In real estate, operations involves the details of ensuring that your properties are put to their highest and best use, and remain there, generating as much long-term cash-flow/appreciation as possible.

(Three days of HE** ensured, but now I'm blissfully free.)Also, no one admitting to turning on any "you are the greatest!"

In fact, I ensured all of my insurance coverages are calculated by RC.My question ties back to the land valuation from the County website.

In any case, I'd still be pulling a bit of drywall to ensure there isn't a bigger issue, or that it hasn't spread through the drywall.