The real estate agent could choose to have their leads sent to them one at a time as they come in, or just once a day.There are 43,000 zip codes in the United Stats.

The cool part For an owner is that there are multiple managers available simply by choosing a zip code and most sites have reviews.

Don't stray away from Step 1.Not sure what your overall plans are but if you are still unsure what your "day job" is going to be you may find it useful to choose a career that benefits real estate investing.

You'll be asking yourself what these extra are worth now, each year when you contemplate rent increases, and each turnover, so it is good to have facts and data to support your gut feel.Keep in mind that if you stay lower rather than pushing the price, you'll get a better applicant pool to be able to choose from.

@Phillip Vaughan I'll second what @Ali Boone said - if you're going the self-assembled team route (choosing an agent, a contractor, a PM) for a long-distance investment, you'll likely end up with more work than you bargained for.

The issuer can take up to 35 non-accredited (sophisticated) investors into the offering if they CHOOSE to do so.  

In reality, the investor could actually live in the property, but instead they choose to excerise their permissable ability to sublease the property and profit from the spread during the lease term.  

Choosing the right person to leave in charge is one of the biggest problems.

I plan to do this for a few years as I build up the amount of capital to the point where I can include real estate if I choose.There are many options you can choose from for private lending.  

If you choose to partner with anyone, make sure you check references from other investors they've worked with and verify returns.