If you can define that is "risky" it will help with determine the value of that "risk"

@Brian S.I would suspect your state Landlord/Tenant legislation/regulations would define how notices are to be served.

The FTC says nothing about what kind products or services defines a telemarketer, but defines it as a business soliciting.

How do YOU define "Market Value"?  

Having a clearly defined selection criteria will help you stay focused, avoid "analysis paralysis," and keep you on track to buy a wonderful investment property.

My goals of the LLC partnership are three-fold: 1. be official/establish credibility 2. clearly define ownership between the three owners of the property.  3. minimize self-employment and overall taxesIt will probably only be the one property with this group of partners, but possibly a second if this one goes well. 

@Scott GrafSeparate named search for each well defined subdivisions (use mapping tool); subdivisions newer than 1978; 3 bedroom/2 Bath minimums.Where neighborhoods are predominately tenement buildings use mapping tool to set boundaries; filter by desired characteristics (Age; 3/2; 2/1, etc.). 

I would use a Joint Venture to define the responsibilities and duration of the JV examples for flipping:  buy, fix, flip x number of properties OR self terminate in two calendar yearsbuy & hold: acquire properties to generate $x,xxx,xxx per year and then disolve

Hello @Jeremy Schreiber,Before you start considering a location it is important to define what you are looking for.

I always recommend checking this awesome resource , to help you define a good strategy for turnkey investing A Simple Guide for Buying Out of State Turnkey Investment PropertyYou are on the right path, now prepare a comprehensive road map for your ultimate goal, for building wealth through remote turnkey real estate investing.