We do it for our clients all the time.But an OOS investor should be careful as there are so many ways they can get taken advantage of:1) Buying the wrong property, wrong location, etc2) Being overcharged because there's no transparency on actual costs and budget3) Shoddy work because no pics/video are supplied4) Crappy tenants are placed that destroy the rennovationsNone of the above are discovered until an owner goes to refinance the property or sell it.What should an investor do to protect themselves?

One provides asset protection and the other provides only some anonymity. 

Geez...that's like asking what do I need to know about construction, financing, valuation, municipal codes and permitting, Landlord/Tenant Laws, liability protection, marketing, tenant screening/lease contracts, running a business, market demographics/inventory/year-over-year appreciation/rent pricing - and a whole lot more.  

Having said that though, it's always wise to have some protection.

New owners can then add value to their property through their time, expertise, and hard work.

What is confusing to me is that most books advise on protecting your asset under an LLC.

Should I give him the notice to make sure I'm protected on my end? 

An LLC does not protect members from court judgements.

As an added measure, getting umbrella insurance would be important here for several hundred dollar which additionally protects you.

They may work temporarily but remember that unless sealed very tightly water can easily get under them during a heavy rain storm and they protect...nothing.Brave enough to climb up on these roofs?