When you say you have a promissory note, I assume you also have a recorded mtg/trust deed.

The most active part for a Limited Partner (Passive) is finding a General Partner (Active) that they trust and that their investment goals are aligned.

Lawyer, Title, Trust company.

Always best to use local resources or a trusted broker to pull accurate comparables to give the seller a better understanding of the market.

If they are on the cheaper end you should consider a portfolio sale to a land trust.

I trusted them because I liked their wax rings to begin with, but they aren't kidding about it being Better Than Wax! 

Hello,I have a house that I split into a duplex, each side bringing in about $1500 each.This has been a great cash-flowing setup as the house was bought for $362k and we've had it for about 6 years.There are some foundation repairs to be done and I've had a local contractor that I trust quote me to fix this but also quote to build a laneway house to make a 3rd rental on the property.

Don't expect to flip a home remotely, 4 states away unless you have a trained and trusted PM that can oversee the job beginning to end.

Don't expect to flip a home remotely, 4 states away unless you have a trained and trusted PM that can oversee the job beginning to end.

Lastly, being out of state you better find a team of Boots on the ground you can trust, and this is probably the most difficult part, you should talk to @Drew Sygit he might be able to help.