You might also want to take into consideration if it's a single-family or a multi-family.

Its a consideration, but unfortunately not as simple a solution as I would hope for. 

Fairly new to the RE game. What recommendations/advice does the community have for NEWBIE out of state investors?

Zero self-accountability for doing 0 research, consideration, thought.

There are few cases where you can do 90 days with no rehab however there will be a final consideration of value from underwriting, which may or may not cut the value. 

Traveling nurses and other professionals search this area often with the considerable amount of hospitals, medical facilities and corporations in the surrounding cities. 

@basitThank you for these considerations.

How are the application of the lawsHere in Houston, you can even go down another level and take into consideration the specific judge for the court precinct to consider if they're landlord friendly.We have judges here providing legal advice on how to appeal etc. 

As far as 1031, Indianapolis has a lot of development with businesses moving there  so that could be a consideration, not sure how far you are from Indy. 

Also, if the subject property is in California, or any other DOT state, you have some additional considerations with the conveyance.