State, County, City rules and regs every one is different.

If anyone has any pointers on getting stated I would love to hear them!

Hey @Meghan BegueI used to live in the Springs but now live in Denver and invest out of state.

Appreciate any insight  Depends on where you are because every state and locality is different.

I make money just doesn’t show all of itWith 20% down and your credit, as others have stated there is no need for a co-signor.

Also, do you reconcile your management income to check to see your charging what is stated in your management agreement? 

If the business sale proceeds or K1 are considered passive income, can the strategy as described here with my wife (no W2 income) as the active manager of an out of state STR property, work to offset the business sale proceeds?

I think with Boise in particular, and the pacific Northwest in general, positive cashflow is difficult to achieve, especially for an out of state investor since the market is so competitive.Even with boots on the ground, cash flowing properties seem to be a unicorn even when purchasing for 70 cents on the dollar.One opportunity for cashflow in Boise is the ADU play -- new regulations make it more conducive and returns can be 10%+ cash on cash for a property in the right neighborhood.- Kole

Worst case if I have to leave the United States and work abroad, can I still have my house as a rental property after a 1-2 years and earn passive income from abroad even as a non-US citizen? 

I seriously am not just making a post to crap on Lawton, and my experience was over a decade ago, but I just picked up a client from Oklahoma today that said: "Yikes, sorry you got Fort Sill, Lawton is the armpit of this state."