I have some friends from school who could be my feet on the ground and may be interested in being the property management part of the business, but I would still be able to get out to the area and get my feet on the ground as well.2) Go turn key on a “distant state” (5 hour plane ride) using a turn key company, coupled with property management, but their seems to be a discrepancy between appraised value and what the turn key companies need to get their profit, so appreciation on resale would be at risk3) Partner with a great property management company (although figuring out if the property management company is “great” is a whole other thing) and find a property on my own or link up with a BP wholesaler on a “distant state” property.

@Trevor Thompson Way to hit the ground running!

I learned a lot through the school of hard knocks, but with good local boots on the ground its working well.

So I'd make sure you have someone on the ground with connections in the area.

But i also see a market for high end rentals to all the people following big companies here, this group of people do not want to buy a house here because they will only be living here for 2 years while they help get Boeing off the ground

I would do the ground work, find the house, coordinate all the work through to closing, and the investor would put up the full amount of the purchase and renovation.

think about the savings in $$$$$ and roads.But I bet you have a system of independent haulers so your apartments are the regional dumping ground.

Yes, DOM for new construction is significantly longer - one reason being that they get thrown up on the MLS before ground has broken... 

Lawn/Grounds Keeping: Similar to Utilities if you do have a lawn that needs to be mowed.

That's where all the windows are along the ground level on the right side of the building.