There is a bit of upside and downside for you but worth the risk/reward for what feels like a cleaner break

If I place complete trust in my PM's knowledge and expertise, but they take advantage of my ignorance, how far does it have to go to become fraud?

More work for more reward. 

You may generate money in real estate investment by educating yourself, starting small, then expanding as you acquire expertise, particularly in low-cost regions.Good luck!

What percentages do you value your expertise (finding the deals and managing the property) at? 

If resale is your focus, think about the future desirability of the area and whether you can add value that will be recognized by future buyers.Bay Area investing is tough, but it can be rewarding if approached with the right strategy and mindset.

Wrt vegreville (I’m quite familiar) and other satellites around Edmonton you’ll find higher risk and higher reward.

The alternative is to find a seasoned investor in the location where you plan to invest, work out an agreement with them to bring their money, time, expertise, relational capital, systems, etc. to a deal you bring to them, and let them show you the process from beginning to end.

Do you have any expertise here?

I’m sure I’ll incorporate one at some point- there is a lack of expertise right now so people tend to think it’s crazy, as the above thread shows.