Hello @Maxwell Wuensch,Remote renovations can work very well when managed properly.

Running your business properly and knowing and following the laws is first, then comes insurance then comes the LLC.

To ensure it's an impartial referral, ask your tax professional if they're getting a referral fee. 

Ensure your target Class B properties can truly generate positive cash flow after all expenses (mortgage, taxes, insurance, vacancy, repairs, capital expenditures, management fees).2.

You want to review all the HOA docs to make sure the community is properly managed/ maintained so you don't run into issues like special assessments or Fannie Mae noncompliance. 

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

You'll have to ensure that the contribution is protected through a recorded instrument or lien against the property.   

I am requesting this for my protection and to ensure the title is legitimate.What else should I be aware of in a transaction like this to avoid any problems?

I wanted to step through the deal with someone from the forum to ensure that this is a fiscally sound opportunity.

Quote from @Maurice Gutierrez: Whoever you do hire to correct that asbestos ensure you know who you’re working with and ensure payments are made in a timely manner.