It typically involves the following steps:1.Seller Deliverables.

There are no real estate agents involved. 

I recommend at least 3 different states and 2-3 countries need to be involved if you want true anonymity and protection. :).

Uri Gofman, weren't you and Alexander "Alec" Vinokur from Realty Now all involved in an indictment for mortgage fraud?   

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Also debating HELOC (more involved but better rate) vs Asset backed LOC (easier but not as attractive rate).

@Manthan Patel Whether to use a property management company is truly a personal decision, so it comes down to you and how much you value your time, how much you want to be involved, etc.

This could involve a right of first refusal for the other party, buyout terms, and a method for determining the sale price.Rental and Use: Define the rules for renting out the property or parts of it, including how income and expenses will be divided.

It’s designed to capture all relevant details, including hours worked, descriptions of tasks, and the specific nature of the involvement.

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.