Hi John - I have gone down the same path as you. 

Purchase price: $145,000 Cash invested: $60,000 Finding a move-in-ready home that offers modern upgrades and country charm can be challenging—but this fully renovated 4-5 bedroom, 2-bathroom ranch is the perfect solution.

Hey Kyle, take a look at Redfin's market data for Phoenix and you can see the strong migration to Phoenix from affluent parts of the country like the Pacific North West.

I have a daughter at MSU in Bozeman so I love your part of the country.  

This is a common theme across the country with many municipalities enacting similar restrictions including where I am located in Philadelphia. 

That’s one of the highest growth forecasts in the country while still maintaining strong rent-to-price ratios.Memphis also has a resilient economy, driven by logistics (FedEx), healthcare, and a high percentage of renters.

Most hard money lenders will want to know about your track record - if you have no experience, partnering with someone who has a track record will likely be an easier path to approval (and likely higher leverage) than applying by yourself. 

Will take a while to move to another low cost country.  

Sounds like an easily executable deal from what you've stated but likely need more color to offer path forward, terms, etc.

If you've got to ask a question on an online forum about managing an out of state or out of country renovation, you aren't ready to do this on your own.