I played around with the software from 365villas and ultimately realized it was just complicating things instead of making them easier at least for now.I want software primarily to help with calendar syncing, rate syncing, rate optimization, inbox syncing, providing a good website template that can be white labeled, bookkeeping, and generating  property reports.

Any tips or suggested resources for handling the tax, legal, logistical complications of investing out of state?  

Not all of the permits are painfully complicated.

We use brokers.I know you wanted me to just say a note and deed of trust, and I'm not trying to complicate this, but it's for the protection of your friend.  

Hello Everyone,I have a property that I am looking to buy that is a bit of a complicated one for me that I need some help with.

If you have never done any flips before, be prepared to HML wanting more downpayment or cross collatarisation, especially when we are talking about a complicated rehab such as fire damage.

If any complications or defaults arose, the client could recover from the lawyer because no other lawyer could defend the client lawyer's recommendation that the creative deal was sufficient, particularly in hindsight when the client has now suffered a loss and made a bar complaint.

The pro's of creating a fund is access to large amounts of money instantly (once the fund is raised) to fund your deals, but the cons are the legal, compliance, and costs associated with a fund.The pro's of the private money solution is a much less complicated relationship than a fund...but the con's are that you have to have a bunch of private lenders ready, willing, and able for every deal you find.Curious what the BP community would advise?

I understand there is a lot of complications with out of state investing, but it seems like it can be done and that the rewards can be worth it!

The reality is its a lot more complicated than that.