Keeping in touch with people in the field might help you keep updated and perhaps lead to profitable collaborations.By thoroughly researching, budgeting wisely, and managing your projects carefully, you can successfully flip houses even in a new state.

Things just require more ongoing expenses percentage wise out of state because you have to pay people to do everything for you and you will have a longer time building relationships with vendors even when getting decent referrals. 

It's also wise to stick to the terms of your lease.

If there’s no response, consulting with a real estate attorney would be wise to determine how to terminate the agreement and recover unpaid rent.Once they’re ready to switch PMs, I can recommend some reputable property managers here in Indianapolis who are responsive and trustworthy.

The offer seems great numbers wise, possibly even without the 3rd unit.

Quote from @Angelo Llamas: I’m doing medium term rentals and I’m breaking even cash flow wise.

@Dalton Foote I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.  

So in the FWIW file what I see all the time is those trying to start out and getting the same returns as those with a lot of experience. you need to build your experience bucket and as you make your partners money U can adjust profit splits.. other wise I suspect nothing will happen unless of course you can tap your warm market that will do this because they like you.

Don't be penny wise and pound foolish.

Price wise they are similar.