Then the land flipper will get to work marketing the property and selling it on to the next buyer at an inflated, more market-related, price.

This may seem like a naive/juvenile question to someone of experience, and I'm new so here it goes.What positive/negative sides are there to having a lender who isn't local to the area I'm looking to purchase?

Im hoping to learn a lot from all the wonderful people on here.

I am new to bigger pockets, I am a licensed plumber in Northern California I would like to start obtaining rental properties Welcome to BiggerPockets!

Ask yourself this, if you were a buyer or seller would you want to list your home or get help buying a home with someone who does this as their second job?

Great to see folks with an interest in "rough areas" - most people don't even think twice about them. 

Hope that makes sense. more on this below. 

Assuming this is correct, how are investors able to get decent cash flow out of a rental?

I see a few challenges arising with this type of set-up.If for example, he/she doesn't do a good job or if you no longer need their services or if a conflict arises between landlord and manger.Is their a way to structure the managers pay without bumping in to challenges later on?

We will be leveraging the proceeds to jump in, but this time with a strategy that aligns to our vision.