You should however, reach out to a real estate attorney and pay the $300 for the best approach and piece of mind.

What is the best approach?

Thank you Thomas for sharing your approach.

If you take the self-management approach, there are definitely some tools that can help with managing things moving forward but my natural assumption is that no matter how easy the on-boarding is, tenants will probably still want some sort of hand-holding through that change management process. 

Hi all, I'm based in the Los Angeles & Orange County, CA area and am interested in flipping homes.I have one quasi-BRRRR deal under my belt.About me:-Former Fortune 50 Commercial Real Estate Banker, specializing in distressed assets (restructuring/modifying notes, pursuing guarantors, foreclosing on assets)-Varying degree of experience in legal remedies (mediation, arbitration, bankruptcy etc.) with inside/outside counsel-$500,000,000+ RE transaction experience from west coast thru the mid-west-USC Business School Alum w/concentration in Real Estate Finance & Development-Licensed REALTOR in CA-Hands-on experience rehabbing real estate (full kitchen rehab, flooring, painting, spraying texture, removing load-bearing walls, bathroom rehab - have pictures from BRRRR project)[QUESTION] What is the proper approach to seeking a local mentor/partner on BP?

How should we approach them?

Or do you have a certain way you approach flood zone investments? 

After some time I approached him to see if he would consider an offer (my wife and i have wanted to get a rental property or two for some time.) 

Hire a real estate attorney early in the process who can assist in navigation and help provide contacts.This is just one way to approach it but it's how I would.Best of luck!

Can anyone share their experience with this approach?