Basically to start from nothing I have learned that my business needs to be set up as an LLC, has its own business address or virtual office, etc so that banks can identify me as being a business operation. 

Hi @Andy C.I've looked into those multi-family units quite a bit and here is my take:Pros: New builds, low maintenance, high rents, GREAT rental market.Cons: very high priced, inflated cap rates by sellers.May be better for casual, less hands on investors with a lot of cash (or virtual investors).  

In my experience, tenant can be pretty rough on sheet vinyl - one dumb move and you have a virtually unrepairable tear in the center of the room.

I did all virtually and built from there!

Google is a cash eating machine so you could easily put your $1,000 per month to work and not see an ounce of results if you did not carefully setup your campaign.  

They will have the machine in place to be most economical for you to use.

Just last week I had a new washing machine delivered the same day the tenant informed me in the USA whilst I was riding a train in India.Currently my US tenants just deposit the rent directly into my bank account each month.

It is virtually impossible to communicate effectively with 5 or 6 quasi-adults who will then relay that information, mostly inaccurately, to their parents.  

So it was very different in my day.I think what we see now is this idea spurned by the Guru's that the way to get into real estate is NOT get a license and work in the industry.. its to be unlicensed but do the same thing because you can earn money to then buy and hold  which virtually anyone coming on BP says the EXACT same thing verbatim  HI I am newbie wholesaler I am going to wholesale until I get enough cash to buy and hold then I am going to buy and hold until I get enough cash flow that I can quit my corporate job or ho hum job and never work again.. ( Right).. that's the dreamSo you have dream merchants who need to make money selling course to people with very limited to no funds.. and they have to have something that allows these people to think they can achieve those goals and dreams... but the reality is Wholesaling is a very advanced strategy.. its VERY VERY HARD... 95% who try it flame out in 6 months .. now again its regionalized .. in areas were there are just more houses than buyers wholesalers do a lot better.. out here on the west coast you would be lucky to do 1 or 2 deals a year.. or you need to be super man.. and or very well cashed up.. so you can spend 10 to 30k a month on direct mail or other media to drive leads..

Obviously there are pictures and virtual tours, but I cant personally visit all these potential properties.How do you properly evaluate the condition of a property if buying out of state.