Quote from @Matt Wan: Can I purchase a property using a traditional mortgage without being physically present for any part of the process?

My friend and I are planning to buy an investment property (My second his first). It would be his primary residence so most likely a duplex or triplex house hack. We are running into a roadblock of him getting approve...

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

Look at the articles of incorporation.  

This way if there’s physical damage by residents the company pays the first $500 to fix it.

Do you invest in the Midwest or you're physically located there?

This is the BEST $100 you will ever spend, and if you listen to Amanda Han's tax book, you'll know it's also likely a business expense for you to write off :) https://biggerpockets.supercast.com/My perfect way to learn from the BP books is to listen to the audio book through the subscription above, then books that really stand out to me I go old school and get the physical copy so that I can re-read it, take notes in the margins, and put post it notes so key points are easier for me to re-reference in the future.

I incorporated smart home technology, such as automated lighting, heating, and security systems, which is highly desirable in today’s market.

While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.

Them physically moving out doesn't end the lease.