Most owners don't screen their property managers and hire someone they already know (e.g. their sales agent) or someone they find online with cheap fees or a slick sales pitch.I offer referrals along with three promises:1.

Why do you say that any deal can work if you buy it cheap enough.

The hardest part of doing things remotely (after learninghow to spot deals) is finding a trustworthyGC that is cheap and quick (ask their ETA when they bid).Good luck!

This structure is not cheap to setup initially, and the annual admin costs are substantial, however gives peace of mind that it offers the ultimate liability protection and most efficient tax structure. 

People will want to go cheap and avoid any costly repairs or maintenance.So I would factor that in

We have a specialist do that and they are relativley cheap, but it still adds up.So we have started using a very similar grey carpet tile in a few new houses last year for the basement, both finished and unfinished areas.

There are critical items such as -Plumbing, HVAC, electrical items, roof repairs, appliance repairs- that you want extremely competent professionals to handle to ensure that you the PM and owner avoid liability and to ensure you aren't shelling money out again for the same issue because you were being cheap the first time.  

I fund deals like this is my day job for folks  but I don't charge up front LOL>  And we are not cheap but we are very good and actually fund 200 plus deals a year provable..

Just so you know they wont be cheap money on the investment property.

You could always be cheap and find a cheap agent who may or may not have any idea what they are doing.