A trip isn’t necessary since everything can be done via phone, email, and e-signatures.

If you are going to have tax losses, a 100% owned LLC is a disregarded entity and will not require a tax return separate from your schedule E.

Sustained real estate performance requires strong underlying fundamentals.

Also ask tenants if there are any recurring issues.Typically when completing the due diligence, you'll have a chance to see the current Sch E, which will list utilities if the owner is paying anything. 

When looking at basic market fundamentals, I would identify a market with strong job and population growth, a diverse economy (multiple industries for employment), affordability/wallet share (rent should ideally be less than 30% of income), and low vacancy rates (less than 5%).

Your safety net is asset-first DD: pull O&E, confirm lien position, inspect the collateral, and model exits before you wire.

If someone’s thinking about investing long-distance, I’d say the key is choosing a market with strong fundamentals and then building a solid local network to support you.

If you’re looking to do just one or two LO deals, then you can probably strategically place some notification in appropriate places and get so,e response.  

While many investment classes face uncertainty, multifamily commercial real estate continues to demonstrate remarkable strength because it's a sophisticated strategy positioned at the intersection of necessity, resilience, and scalability.Why Multifamily Thrives in These ConditionsHere’s a breakdown of why this asset class is so robust:🏗️ Chronic Housing Under-supplyA fundamental reason for multifamily's strength is that housing demand consistently outpaces supply.

@Joshua Hughes I generally like to look at the physical characteristics first and make sure those fundamentals are sound.