If you can point to a proven business model that is de-risked to a large degree with a sponsor team with a track record of success operating together on the product type you're presenting this is a lot different risk/value proposition than if either the product type is new to you, the product type is new or a hybrid, or your team is new.  

I wouldn't pay for such a group, either, unless it had a very, very compelling value proposition.

I think it’s just a really scary proposition to not be on-site to oversee a flip.  

@Bryan Montross  I will note that typically moving stairs is a very expensive proposition. 

You can buy at foreclosure auction with cash as well( Though this is much more risky proposition and you need to do your homework.Ultimately this option gives you the most flexibility and doesn't put burden of an expensive hard money loan over your head. 

Rentals are a long term proposition. 

Hi Property Managers, What do you think is your Key Value Proposition of the services that you offer?

Tracking down the death certificate is important, finding it should be a straightforward proposition - call the City/Town Clerk where the person died and they should be able to point you in the right direction.4.

I am also concerned about how long this could drag out with multiple months of payments missed.This strategy seems to be a losing proposition for me the owner.

A management company located in OH would certainly have a cost advantage and better local knowledge (i.e. a more compelling value proposition) than flying a buddy out from CA multiple times a year.The decision to give him equity shouldn't be taken lightly.