Also, insurance did NOT cover it because the sewer line that needed repair was not directly under the physical home, but rather on the front and side lawn area.This work was done back in 2013. 

Time management (balancing between the full-time job and out if state REI) : Sh­all we fly out the first time to see the property and make an offer, and then fly out a 2nd time to do physical inspection if the offer is accepted, a 3rd time to get contrac­tor quotes and start the repair needed, get property managem­ent in place after the closing?

In the midst of putting together a property management company in NJ and am wondering what other PM's generally do.I have always been a stickler for duplicate documentation in both physical folders as well as on servers/ cloud.  

@Ian O'reillyAlways exhaust your local resources and conventional sources of financing first and local banks and credit unions are great sources, but I would not discount "national" lenders and website only lenders.

I'm presuming you are referring to the geographical area where I can physically inspect properties and make decisions on lending?

That was just for a general physical inspection, no special trades.

Houses are physical structures that depreciate and decay over time.

One of my duplex tenants wants to move after just 5 months claiming the other tenant is selling drugs and posing a threat of physical violence.

.- I believe it will reduce the need for physical control/inspection but won't totally suppress it.

Looking at a 6-unit tomorrow and one of my first questions is whether I can sub-divide one or two of the existing 4-bdrm units into 2 1-bdrm units (both physically and from a zoning perspective)