Hey Ron,You mentioned tracking the tax basis & capital for both LLC's...did you mean the originating LLC that owns the property that my LLC bought a share of? 

I would still use your method than higher a professional for half the price you mentioned.

Distance really isn’t an issue but if you’d rather be present for your first deal then as mentioned above you could go in with another investor and partner on deal, just provide the private money loan to an investor, or a hybrid of the two.

The seller (out of state) is actually referring their title company, the one I mentioned above.

You then mark it up and sell it - like a for-sale-by-owner.

Yes and as Matt mentioned, most realtors aren’t going to want to do this for you.

Hi Heather, I think that before making any decision you should connect with some investors in Columbus, and as Antoine had mentioned, create a plan for how you plan to invest the capital.

As @Cody L. just mentioned, you could be contributing 44k into a project making you much MUCH more on the back end.However, the "Wholesale" is vital if you establish a pipeline of leads.

@Alex Flaugher, do you also happen to have any idea what the property management fee is for either of those companies you mentioned?

What you are describing is really just a For Sale By Owner, with no advertising.