I was informed by a neighbor that as recently as a couple years ago, the one house was basically a brothel, it's been cleaned up once the neighbors got the police involved but I imagine the tenants aren't the best.   

I still do my due diligence up front and am involved in the big decisions, but I'm not a part of the day-to-day operations. 

I plan to use a PM and would prefer less involvement but don’t mind a having a defined set of renovations.

As far as my goals are concerned, I have a few thoughts in mind: 1) I would like to get in touch with a few wholesalers in the area so that I can more quickly and efficiently acquire properties to continue my flipping business,2) I would like to acquire multi family residences as investments to hold and rent,3) I would like to learn more about financing options or best avenues to obtain capital as I do not have a large amount of cash sitting to be used for my business,4) I am interested in syndication deals,5) I would like to become more involved with the local real estate groups,6) Any advice of best ways to use BiggerPockets is always appreciated.Looking forward to hearing your responses and chatting.

., avoiding those trying to tie it up to resell or not really qualified, clarify costs involved or strange terms in offer, etc.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues,  pest and moisture reports, walk-through, etc.   

This exceeds what the property cashflows for the new owner, by the way.My point is, you create good deals by talking to all parties involved and solving problems.

Sometimes extra work is involved but usually worth it in the end. 

Quite title is a long possess also that involves taking out newspaper ads. 

You want someone that can 1.) articulate to you what you're signing off on; and 2.) will respond to your agent, everyone involved to get the job done. 

I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered other opportunities once I networked with other local investors.With a variety of investment options, I met with real estate attorneys regarding required documents and to figure out what their involvement would be with each investment.