You dont have to travel to purchase non-performing notes, but i would suggest you get some training so you have some sort of network to help you in other states.Here are some excellent videos to get started with from @scott carson https://vimeo.com/search?

They have some great training that you should check out. 

I find that with both tenants and PMs, they either train you or you train them.

... and, what would be the effort to train your tenants to use it?

I know I'm not gonna get all the info from BP and the best training is "HANDS ON"  working with a big developer as Jay mentioned. 

I want it to have a timeframe, with penalties for delivering late.Thanks so much!!!! 

Plus you can later train someone to do it for you.The good thing here Roc is that you learned something in the process.

Wow, Wow, Wow, the experts deliver once again - thanks so much!

There is a trial basis in which you are fully trained on how to evaluate and acquire investment properties.

But, it is also possible he knows a wee bit more about the proper use of an entity structure than a real estate agent who has self filed his LLCs and a tax preparer trained by H&R Block.Nah, the more I think about it, yeah, you're probably right, I'm the one getting ripped off.