If some off the wall company gives a POF, the local folks may not accept it, they want known depositories or securities brokerage firms they recognize, not Tree Top Finance.

My real estate agent met with the sellers and took pictures of the property, and helped secure an end-buyer, making it unnecessary for me to ever view the home (other than pictures).Other Recent Posts by the Professional Investors GuildThe Role of Fear in Real Estate Investing - Friend or Foe?

My lawyer then does a 2nd position note and security deed when we close and provides us both with an amortization table and payment amount.

Either way, you are responsible for the land but you can take any repair costs out of the security deposit.

Selling stocks, bonds, mutual funds or other publicly traded securities is not considered like-kind property to real estate and would not qualify for 1031 Exchange treatment.

Topic include anything related to landlording, i.e. security strategies, best key system, ways to increase revenue/decrease expenses, and about a million other related subjects.Who do you know in MA or who may be willing to travel to MA?

Require a non-refundable security deposit to hold it for them. 

We prefer to do move-out walk-throughs with the tenants, so they will not be surprised with how we handle their security deposit.

Lenders I sort of answered this in A but you're asking a bank to lend money secured by you to purchase a property that you won't own.  

"Standard" due diligence on a loan made and secured against a condo should include reviewing the condo warrantable or non-warrantable status along with the economics and by-laws of the association.