You should come on out and meet people in all stages in real estate. 

That also assumes that you have a fair amount of equity in the first place, which most people thinking about this scheme don’t have.

Perhaps you both should go bash on someone else's post for a while and let the people who want to help chime in on this one.

Reno was suggested a lot but I am not sure if people go for AirBnBs there a lot and the long term rental scene does not look good there. 

I am interested in recommendations for online courses or books (or other sources of information) that people have found useful. 

At the end of the day, in the long run, without studying the stock market and the knowledge like Warren Buffet, most people ended up not beating the market and might as well just put the money in SP500 index funds.

Without a crew on the ground, relying on recommendations from people you don't know is always risky. 

Avoid the cash offer stuff, and saying quick closing in letters, use emotion, people really do respond well to it.

I couldn't help but notice the numbers you mentioned are what I recommend people start with (50-60k for out of state investors).

There are a ton of reviews of Propstream and other systems people use here on BP that you can do a simple search to read the reviews