As I noted in my previous post, I would keep a keen eye on the actual financials.

I'll definitely keep my eyes peeled out here though. 

Remember, IF you have a local person to show, inspect, keep an eye on and otherwise check on your property, THEN YOU HAVE A PROPERTY MANAGER. 

I also highly recommend installing a camera (I use Foscam PTZ's, which I can view via my iPhone)... place one outside your front door and you can have a set of ears and eyes at your property.There are options for management such as "Pillow" which I have not personally utilized since they're somewhat of a competitor of ours, but they may be available in your area, and handle most of the overhead including cleaning of the unit.3.)

Meeting potential lenders eye-to-eye, perhaps in their office, and with references from other borrowers, is at least one assurance they are not scammers.

It's your LLC which is a pass-through entity and basically doesn't exist in the eyes of the IRS. 

I've looked at pictures that looked so good I was ready to offer the as asking price, but when I got eyes on the property, I Couldn't go half of what they asked.

We meet to talk about rehabbing, wholesaling, creative finance, being a land lord, and any other topic that we can cream up to help you make more money.  

Eyes are  on Europe's recovery, China's slow down, and EM volatility due to commodity prices.

Keep eyes peeled and it'll work out.