I am very familiar with guidelines especially since I handle these loans.

Becoming good friends with buyers' agents and local investors.

She is an incredible investor friendly agent down there that knows her stuff better than most. 

Building your core-4 will also be fundamental to investing out-of-state, I'd recommend reading this article by David Greene: https://www.biggerpockets.com/blog/core-four-real-estate-tea...The Midwest markets present some good opportunities for investors with cheaper price points, lower taxes and a lot of them being landlord-friendly as well.

As long as you can meet the guidelines to get 75%CLTV and have enough equity then you can proceed.

For both short- and mid-term investors, the market's diversity and relatively lower entry costs make it an attractive option.FYI - Philadelphia has a tenant-friendly legal environment, which can present certain challenges for landlords

This tends to eliminate appraiser incompetence and requires adherence to guidelines set by the Appraisal Institute.  

Some are very investor friendly. 

Got it thanks ill check it out, hopefully there is some clear guidelines on this.

Purchase price: $137,500 Cash invested: $1,500 Sale price: $155,000 Helped a friend stop a foreclosure on her Mother's home and recoup some of the money that was stolen from her.