What’s been most effective for you?

Real estate has proven over time to be a great path to wealth; singles, doubles, multi, or commercial--buy it right, manage it effectively, and over time it will more than keep up with inflation.  

I've inherited the existing tenants, and one of them is now moving out, presenting an opportunity for a turnover.As I manage this property remotely (I use Hemlane for property management) , I'm looking for tips and best practices from experienced out-of-state investors on how to effectively handle the inspection and coordination of necessary repairs from a distance.Specifically, I'm interested in:Remote Inspection: What tools or services do you use to get a thorough understanding of the property's condition without being physically present?

I was surprised by the examples you provided still show allowing it on carryover basis - because to me I always read it as because part of the basis is effectively from an asset you've used before- regardless of if the replacement asset is brand new or not, that portion of basis wouldn't qualify. 

Personally my tech stack looks like this:Docusign - signing leases (technically rentredi can do this I think, I'm just too lazy to change)Rentredi - applications for properties, tenant payment platform, maintenance request trackingBaselane - Banking (you may not need this yet with only one property but SO great to have multiple accounts for multiple props)Notion - SOP docs, how to's, general instructions in databases and pagesTango - use to record step by step instructions of specific tasks and link in Notion pages where necessaryI also self manage, and most of my communication is with tenants, handyman, and occasionally banks, so I don't have a great rec for how to most effectively communicate with a PM, however if you have a project database set up in Notion it should be easy to create the steps you want and track how you like

The hope is to avoid liability events but there are effective risk shifting strategies all investors should implement as well.

It seems to be a low income cultural thing, maybe for cost effective privacy.We like to use wide slat inexpensive blinds on all windows.

This will enable you to gain knowledge, experience and contacts in the most efficient and effective way possible. 

Sellers will be able to leverage pricing softwares, scan Public records, GIS maps, title histories, and can educate themselves on deal structuring, seller psychology, and creative financing to negotiate effectively—often with more flexibility than agents constrained by brokerage policies.

Any profits were split:50% to project manager (my wife and me)50% to equity partnersTherefore, I effectively kept 75% of the profits since I was due 50% for management, and the 50% of the 50% for the equity.