. - I have gotten numerous rough bids from subcontractors for plumbing, electrical, HVAC etc.  

I have access to numerous Cash flowing rentals as well as strong fix and flip opportunities.

Re: finding and vetting sponsors: they attend any of the numerous conferences, summits, etc. that are held throughout the country along with investors, lenders, attorneys, and others involved in the business. 

This site is an incredible platform that has numerous resources so definitely take advantage of it all.

OOS RE investing has numerous challenges that are greater than when local.  

Acceptable to me are Large Medical Bills, Foreclosures From a bad housing market, Unusual Business losses, etc.Credit report will tell you if they have numerous Late Pays or No pays (Charge-offs) then these might not be the right folks for you.Strong Pay Stubs and verifiable good reports from previous landlords might outweigh marginal credit.   

Personally, I have numerous clients, and colleagues that have MTRs in the city of Boulder and they do very well, all ranging from smaller condos to a fourplex.

As a member of our local REIA, we have numerous PMs in the Dayton area.Check out our vendor members at GDREIA.comI currently dont use them as I only hold one rental for now.Jimm

I had no idea how to fill out a 1033, what a draw schedule looked like, that I needed a declaration page for what I intended to do with the property and numerous other hold ups.

Jumped through numerous hoops to convert this property to a 3 unit property (SFH, JADU & ADU).